5 Best Airline Stocks To Invest In Right Now

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In this article we discuss the 5 best airline stocks to invest in right now. If you want to read our detailed analysis of these stocks, go directly to the 12 Best Airline Stocks To Invest In Right Now.

5. JetBlue Airways Corporation (NASDAQ: JBLU)

Number of Hedge Fund Holders: 29 

JetBlue Airways Corporation (NASDAQ: JBLU) is ranked fifth on our list of 12 best airline stocks to invest in right now. The company provides air passenger transport services and is based in New York. It operates a fleet of 267 aircraft that travel to 98 destinations, mostly in the Americas. On July 27, the firm posted earnings for the second quarter, reporting earnings per share of -$0.65, beating estimates by $0.09. The revenue over the period was $1.5 billion, up 587% year-on-year and beating estimates by $60 million. 

On July 28, investment advisory Susquehanna kept a Positive rating on JetBlue Airways Corporation (NASDAQ: JBLU) stock but lowered the price target to $21 from $24, noting that there would be near-term pressure on the firm but long-term outlook seemed positive. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm DE Shaw is a leading shareholder in JetBlue Airways Corporation (NASDAQ: JBLU) with 3.3 million shares worth more than $69 million.

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