Filed under: Contl Airlines'B' (CAL), Stocks to Buy
The disclosure that investors should tread carefully in the airline sector remains intact. That said, Continental Airlines (CAL), first discussed here on January 14, 2010 at a price of $20.44, continues to progress. Look for Continental's 2010 revenue to rise 7-10%, on both higher capacity and pricing power.In 2010 the ridiculously-competitive U.S. airline sector may experience something that it hasn't in a while: sustained pricing power. The U.S. economic expansion, combined with sector-wide capacity cuts during the 2007-2009 recession, should lead to sustained fare increases.
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Continental Airlines: Incremental Progress originally appeared on BloggingStocks on Mon, 05 Apr 2010 17:40:00 EST. Please see our terms for use of feeds.
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