Billionaire Andreas Halvorsen’s 10 Stock Picks With Huge Upside Potential

6. American Airlines Group Inc. (NASDAQ:AAL)

Upside Potential as of April 28: 44.41%

Viking Global’s Stake Value: $236,002,095

Number of Hedge Fund Holders: 59

American Airlines Group Inc. (NASDAQ:AAL) is the largest airline in the world by number of passengers carried. The American company transports passengers and cargo, and it provides both domestic and international flights. Its key markets include the United States, Europe, Asia, and Latin America.

American Airlines Group Inc. (NASDAQ:AAL) reported mixed Q1 2025 results, with revenues of $12.55 billion, down 0.2% year-over-year, and a narrower-than-expected loss of 59 cents per share. Passenger revenues, making up 90.8% of the total, fell 0.6% to $11.4 billion due to weaker domestic leisure demand caused by tariff concerns. On April 24, 2025, the airline withdrew its full-year guidance, citing economic challenges, but remains focused on improving customer experience.

“We’re in a challenging economic environment which has had a significant impact on the industry,” CEO Robert Isom said, noting that while the airline industry historically thrives in periods of economic growth, the positive momentum seen at the end of 2024 faded quickly in early 2025. For Q2 2025, management expects total revenues to be down 2% to up 1% from Q2 2024, with adjusted earnings per share between 50 cents and $1.

Analysts hold a Moderate Buy rating opinion on American Airlines Group Inc. (NASDAQ:AAL), and their 12-month average price target points to a 44.41% upside from the current price as of April 28.