NYSE:ALKAirlines
Alaska Air Group (ALK) Stock Still Looks Reasonable Despite Fleet Expansion News
Alaska Air Group stock has had a tough run over the past five years. On current checks it still screens as cheap relative to its fundamentals, which raises the question of whether the recent weakness is already reflected in the price.
Alaska Air Group shares are down about 24% over five years, which suggests investor sentiment has been subdued for an extended period.
The planned use of 737-800 aircraft for Hawaiian's Neighbor Island routes and the cargo fleet expansion can support revenue...