Is Copa Holdings, S.A. (CPA) One of the Best 52-Weeks High Stocks to Buy Right Now?

Copa Holdings, S.A. (NYSE:CPA) is one of the best 52-week high stocks to buy right now. Copa Holdings, S.A. (NYSE:CPA) has a strong Buy consensus rating from 5 Wall Street analysts, including 5 Buy ratings. The average price target on the stock is $161, implying 33.53% upside potential from the current level of $120.57 a share.

Is Copa Holdings, S.A. (CPA) One of the Best 52-Weeks High Stocks to Buy Right Now?

The positive stance on Wall Street coincides with the company’s delivery of another strong quarter on November 20, affirming the strength of its business model and competitive advantage in the Latin American aviation market. Disciplined cost management and healthy demand across networks also helped the company achieve industry-leading operating and net margins of 23.2% and 19%.

Operating revenues increased 6.8% in the third quarter to $913.1 million, attributed to 5.8% capacity growth. Passenger revenue was up 5.2% and cargo and mail revenue increased 21.4%. Earnings per share came in at $4.20, compared to the $4.04 forecast.

Meanwhile, on November 24, Barclay’s analyst Pablo Monsivais reiterated a Buy rating on the stock and set a $150 price target.

Copa Holdings, S.A. (NYSE:CPA) is a Panamanian company that provides passenger and cargo air transportation services throughout the Americas through its operating subsidiaries, Copa Airlines, Copa Airlines Colombia, and Wingo.

While we acknowledge the potential of CPA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CPA and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.