This Top Transportation Stock is a #1 (Strong Buy): Why It Should Be on Your Radar

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Whether you're a growth, value, income, or momentum-focused investor, building a successful investment portfolio takes skill, research, and a little bit of luck.

Should You Buy #1 (Strong Buy)-Ranked United Airlines (UAL) for Your Portfolio?

United Airlines was upgraded to the Zacks Rank #1 list on December 13, 2024. The Zacks Rank is a unique stock-rating model that helps you take advantage of earnings estimate revision trends and provides a way to get into stocks highly sought after by institutional investors.

United Airlines Holdings is based in Chicago. The carrier changed its name from United Continental Holdings to United Airlines Holdings in June 2019. It is the holding company for both United Airlines and Continental Airlines.

Eight analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.39 to $10.27 per share. UAL boasts an average earnings surprise of 26.9%.

Earnings are forecasted to see growth of 2.2% for the current fiscal year, and sales are expected to increase 5.6%.

Even more impressive, UAL has gained in value over the past four weeks, up 5.3% compared to the S&P 500's gain of 1.3%.

Bottom Line

With a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, United Airlines could be just the stock to help your portfolio generate returns that could fund your retirement, your kids' college tuition, or your short- and long-term savings goals.

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United Airlines Holdings Inc (UAL) : Free Stock Analysis Report

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