ALGT - Better Buy: Allegiant Travel or JetBlue Airways Stock?
2023-03-28 10:08:00 ET
With demand for flights skyrocketing, airline stocks have the potential to recover from their pandemic-induced slumps. While the operating environment remains challenging, well-positioned airlines stand to benefit from the current wave of demand -- as do their investors.
Here, let's compare two recovering airline stocks to determine which makes the better buy in today's market.
Allegiant Travel (NASDAQ: ALGT) generated its highest annual revenue ever last year, surpassing its previous pre-pandemic record by a remarkable 25%. Despite challenges, Allegiant's performance improved as 2022 progressed.
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Better Buy: Allegiant Travel or JetBlue Airways Stock?