5 Best Airline Stocks to Buy Now

3. Southwest Airlines Co. (NYSE:LUV)

Number of Hedge Fund Holders: 46

Southwest Airlines Co. (NYSE:LUV) is a passenger airline company providing scheduled air transportation services. It operates in the US and near-international markets.

A Buy rating was placed on Southwest Airlines Co. (NYSE:LUV) shares on August 15 by Conor Cunningham at Melius Research, alongside a $47 price target.

Over the next three to five years, Southwest Airlines Co.’s (NYSE:LUV) EPS is expected to rise by 43%. It has a year-over-year working capital growth rate of 14.5%, and a year-over-year revenue growth rate of 114.39%.

There were 46 hedge funds long Southwest Airlines Co. (NYSE:LUV) in the second quarter, with a total stake value of $740 million.