5 Best Airline Stocks to Buy Now

4. United Airlines Holdings, Inc. (NYSE:UAL)

Number of Hedge Fund Holders: 35

United Airlines Holdings, Inc. (NYSE:UAL) is a provider of air transportation services. The company operates in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America.

Conor Cunningham at Melius Research initiated coverage of United Airlines Holdings, Inc. (NYSE:UAL) shares with a Buy rating on August 15. The analyst placed a $47 price target on the stock.

United Airlines Holdings, Inc. (NYSE:UAL) has a year-over-year revenue growth rate of 144.09%. The company’s EPS in the second quarter was $1.43, beating the previous quarter’s -$4.24 EPS. Its revenue was $12.11 billion, beating estimates by $5.7 million.

United Airlines Holdings, Inc. (NYSE:UAL) was found among the 13F holdings of 35 hedge funds in the second quarter, with a total stake value of $647 million. In comparison, 31 hedge funds were long the stock in the previous quarter, with a total stake value of $510 million.