11 Best Most Active Stocks To Buy According to Analysts

9. Alaska Air Group Inc. (NYSE:ALK)

Number of Hedge Fund Holders: 56

Average Volume (3-Month): 3.33 million

Average Upside Potential as of June 20: 29.84%

Alaska Air Group Inc. (NYSE:ALK) is one of the most active stocks to buy according to analysts. Earlier in May, Alaska Airlines inaugurated a new daily nonstop service between Seattle and Tokyo Narita. This marked a new phase of widebody international flying for Alaska Airlines, with flights operated by Hawaiian Airlines’ long-haul aircraft.

The new connection aims to transform Seattle-Tacoma International Airport/SEA, already the West Coast’s largest airline hub serving 104 nonstop North American destinations, into a premier global gateway. Seattle is geographically closer to Tokyo, being 7% closer than San Francisco and 13% closer than Los Angeles.

The airline plans to serve at least 12 international destinations with widebody aircraft from Seattle by 2030, including destinations in Europe. Tokyo Narita and Seoul Incheon are the first two long-haul additions in this expansion plan. There has been significant interest in the Tokyo flights, with half of the US tickets sold for Narita originating from over 80 cities outside Seattle. Nonstop flights between Seattle and Seoul are set to commence on September 12.

Alaska Air Group Inc. (NYSE:ALK) operates airlines through three segments: Alaska Airlines, Hawaiian Airlines, and Regional.