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2021-07-26

O yea

American Is the Year’s Best Airline Stock. Wall Street Is Getting More Bullish.<blockquote>美国航空是今年最好的航空股票。华尔街变得越来越乐观。</blockquote>

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Wall Street Is Getting More Bullish.<blockquote>美国航空是今年最好的航空股票。华尔街变得越来越乐观。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104730571","media":"Barrons","summary":"American has been the year’s best airline stock, but it’s winning more backing on Wall Street with s","content":"American has been the year’s best airline stock, but it’s winning more backing on Wall Street with several analysts upgrading the stock after a relatively strong earnings report.<blockquote>美国航空一直是今年表现最好的航空股，但它在华尔街赢得了更多支持，几位分析师在发布相对强劲的财报后上调了该股的评级。</blockquote> Seaport Global Securities’ Daniel McKenzie upgraded American (ticker: AAL) stock to a Buy rating with a $27 target on Friday. While it’s still early in the recovery, he wrote, “increased comfort” around corporate and trans-Atlantic revenue, combined with the carrier’s plans to strengthen its balance sheet, are driving “increased conviction” in earnings for 2022.<blockquote>Seaport Global Securities 的 Daniel McKenzie 周五将 American（股票代码：AAL）股票评级上调至买入，目标价为 27 美元。他写道，虽然复苏仍处于早期阶段，但围绕企业和跨大西洋收入的 “舒适度增加”，加上航空公司加强资产负债表的计划，正在推动人们对 2022 年盈利的 “信心增强”。</blockquote> American is expecting a robust recovery in domestic business revenue, McKenzie noted, and its international routes offer exposure to pent-up business demand in the U.K., Europe, and Brazil; American has a new code-sharing agreement with the Brazilian domestic carrier GOL Linhas Aereas Inteligentes (GOL).<blockquote>麦肯齐指出，美国航空预计国内业务收入将强劲复苏，其国际航线可以满足英国、欧洲和巴西被压抑的业务需求；美国航空与巴西国内航空公司 GOL Linhas Aereas Inteligentes (GOL) 签订了新的代码共享协议。</blockquote> American has cut labor and operating costs, partly by removing 157 planes from its fleet and improving operating efficiencies with only four major aircraft models. The carrier has also developed strategic partnerships with JetBlue Airways (JBLU) and Alaska Air (ALK), deals that could add $1 billion in 2022 revenue, McKenzie estimated.<blockquote>美国航空公司削减了劳动力和运营成本，部分原因是从其机队中移除了 157 架飞机，并仅用四种主要机型提高了运营效率。麦肯齐估计，该航空公司还与捷蓝航空 (JBLU) 和阿拉斯加航空 (ALK) 建立了战略合作伙伴关系，这些交易可能会在 2022 年收入增加 10 亿美元。</blockquote> The carrier could lift margins as well by winnowing its massive debt, including $36 billion of long-term debt and leasing liabilities on its balance sheet. American said this week that it aims to cut its debt by $15 billion over the next four years, taking a big chunk of liabilities off its books.<blockquote>该航空公司还可以通过筛选其巨额债务来提高利润率，其中包括资产负债表上 360 亿美元的长期债务和租赁负债。美国航空本周表示，其目标是在未来四年内削减 150 亿美元债务，从而从其账面上消除大量负债。</blockquote> McKenzie estimated that American will post earnings per share of $3.50 in 2023, potentially hitting $4 to $4.50 if partnerships with JetBlue and Alaska pan out. At his target of $27, the stock would still trade at merely 6 times EPS of $3.50.<blockquote>麦肯齐估计，美国航空 2023 年的每股收益将达到 3.50 美元，如果与捷蓝航空和阿拉斯加航空的合作伙伴关系成功，可能会达到 4 至 4.50 美元。按照他 27 美元的目标，该股的交易价格仍将仅为每股收益 3.50 美元的 6 倍。</blockquote> All that said, American’s common equity is now worth just $14 billion—or 39% of its long-term debt. And there are no guarantees that American won’t continue to dilute its shares, as it’s done throughout the pandemic, as it aims to ramp up capacity and compete for more revenue in a recovery.<blockquote>尽管如此，美国银行目前的普通股价值仅为 140 亿美元，相当于其长期债务的 39%。也不能保证美国航空不会像整个大流行病期间那样继续稀释股票，因为它的目标是提高产能，并在经济复苏中争夺更多收入。</blockquote> American’s high-volume strategy could also run into headwinds if the demand climate doesn’t cooperate.<blockquote>如果需求环境不配合，美国航空的大批量战略也可能遇到阻力。</blockquote> New coronavirus cases are soaring, again with the Delta variant taking root in the U.S., Europe, and other regions. Australia and New Zealand has suspended their travel corridor, and the U.S. has yet to allow travel from Europe, Brazil, India, and China for noncitizens.<blockquote>新的冠状病毒病例正在飙升，德尔塔变异毒株再次在美国、欧洲和其他地区扎根。澳大利亚和新西兰已经暂停了他们的旅行走廊，美国尚未允许非公民从欧洲、巴西、印度和中国旅行。</blockquote> Airline stocks have been grounded for months, moreover, consolidating gains from late 2020 as vaccinations became widespread and travel demand started to rise. The sector is down 10% in the last three months against a 4.5% return for the S&amp;P 500.<blockquote>此外，随着疫苗接种普及和旅行需求开始上升，航空股已停产数月，巩固了 2020 年底以来的涨幅。过去三个月，该行业下跌了 10%，而标普500的回报率为 4.5%。</blockquote> Nonetheless, analysts are raising earnings estimates across the sector after a slew of relatively upbeat earnings reports from carriers such as Delta Air Lines (DAL), United Airlines Holdings (UAL) and Southwest Airlines (LUV).<blockquote>尽管如此，在达美航空 (DAL)、联合航空控股公司 (UAL) 和西南航空 (LUV) 等航空公司发布一系列相对乐观的盈利报告后，分析师正在提高整个行业的盈利预期。</blockquote> Along those lines, Cowen’s Helane Becker raised her target on American to $23 while maintaining a Market Perform rating. Her 2023 EPS estimate is well below McKenzie’s, at $2.55, though. At her $23 target, the stock would trade at 9 times earnings.<blockquote>按照这些思路，Cowen 的 Helane Becker 将美国航空的目标上调至 23 美元，同时维持市场表现评级。不过，她对 2023 年每股收益的预期远低于麦坚时的 2.55 美元。按照 23 美元的目标价，该股的市盈率将达到 9 倍。</blockquote> Bernstein analystDavid Vernonalso liked American’s report, writing that, “if anything, the guidance is more bullish than we expected.” He maintained an Outperform rating and $28 target.<blockquote>伯恩斯坦分析师大卫-弗农（David Vernon）也喜欢《美国人报》的报告，他写道：“如果说有什么不同的话，那就是指引比我们预期的更乐观。”他维持跑赢大盘评级和 28 美元的目标。</blockquote> JP Morgan ‘s Jamie Baker also lifted estimates on American, though he’s staying bearish. While he hiked his target to $17 from $14 and lifted his 2022 EPS target to $1.95 from $1.65, he maintained an Underweight rating.<blockquote>摩根大通（JP Morgan）的杰米-贝克（Jamie Baker）也上调了对美国航空的预期，但他仍然看跌。虽然他将目标从 14 美元上调至 17 美元，并将 2022 年每股收益目标从 1.65 美元上调至 1.95 美元，但他维持了跑输大盘评级。</blockquote> “We do not believe the company’s balance sheet strategy has been prudent, especially given the current turbulent environment, and we see better value elsewhere in our coverage,” Baker wrote.<blockquote>“贝克写道：”我们认为该公司的资产负债表策略并不谨慎，尤其是在当前动荡的环境下，我们在报道的其他地方看到了更好的价值。</blockquote> Betting against American has been the wrong call this year, though. The stock is up 35% this year, trouncing the 13.5% gain for the NYSE Arca Airline Index. In fact, no other airline stock has comes close—the next best performer has been Spirit Airlines (SAVE) at 14.3%.<blockquote>不过，今年押注美国是错误的看涨期权。该股今年上涨了 35%，超过了纽约证券交易所 Arca 航空指数 13.5% 的涨幅。事实上，没有其他航空公司股票能与之媲美——表现第二好的是精神航空 (SAVE)，股价为 14.3%。</blockquote> Investors appear to have viewed American as a fixer-upper that’s managed to renovate its house enough to compete as demand recovers. Whether the stock lives up to those expectations is the bet investors are making now.<blockquote>投资者似乎将 American 视为一个固定的上层阶级，它成功地翻新了自己的房子，足以在需求复苏时与之竞争。该股是否达到这些预期是投资者现在的赌注。</blockquote>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>American Is the Year’s Best Airline Stock. Wall Street Is Getting More Bullish.<blockquote>美国航空是今年最好的航空股票。华尔街变得越来越乐观。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmerican Is the Year’s Best Airline Stock. Wall Street Is Getting More Bullish.<blockquote>美国航空是今年最好的航空股票。华尔街变得越来越乐观。</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarrons2021-07-26 14:32\n\n</h4>\n</header>\n<article>\nAmerican has been the year’s best airline stock, but it’s winning more backing on Wall Street with several analysts upgrading the stock after a relatively strong earnings report.<blockquote>美国航空一直是今年表现最好的航空股，但它在华尔街赢得了更多支持，几位分析师在发布相对强劲的财报后上调了该股的评级。</blockquote> Seaport Global Securities’ Daniel McKenzie upgraded American (ticker: AAL) stock to a Buy rating with a $27 target on Friday. While it’s still early in the recovery, he wrote, “increased comfort” around corporate and trans-Atlantic revenue, combined with the carrier’s plans to strengthen its balance sheet, are driving “increased conviction” in earnings for 2022.<blockquote>Seaport Global Securities 的 Daniel McKenzie 周五将 American（股票代码：AAL）股票评级上调至买入，目标价为 27 美元。他写道，虽然复苏仍处于早期阶段，但围绕企业和跨大西洋收入的 “舒适度增加”，加上航空公司加强资产负债表的计划，正在推动人们对 2022 年盈利的 “信心增强”。</blockquote> American is expecting a robust recovery in domestic business revenue, McKenzie noted, and its international routes offer exposure to pent-up business demand in the U.K., Europe, and Brazil; American has a new code-sharing agreement with the Brazilian domestic carrier GOL Linhas Aereas Inteligentes (GOL).<blockquote>麦肯齐指出，美国航空预计国内业务收入将强劲复苏，其国际航线可以满足英国、欧洲和巴西被压抑的业务需求；美国航空与巴西国内航空公司 GOL Linhas Aereas Inteligentes (GOL) 签订了新的代码共享协议。</blockquote> American has cut labor and operating costs, partly by removing 157 planes from its fleet and improving operating efficiencies with only four major aircraft models. The carrier has also developed strategic partnerships with JetBlue Airways (JBLU) and Alaska Air (ALK), deals that could add $1 billion in 2022 revenue, McKenzie estimated.<blockquote>美国航空公司削减了劳动力和运营成本，部分原因是从其机队中移除了 157 架飞机，并仅用四种主要机型提高了运营效率。麦肯齐估计，该航空公司还与捷蓝航空 (JBLU) 和阿拉斯加航空 (ALK) 建立了战略合作伙伴关系，这些交易可能会在 2022 年收入增加 10 亿美元。</blockquote> The carrier could lift margins as well by winnowing its massive debt, including $36 billion of long-term debt and leasing liabilities on its balance sheet. American said this week that it aims to cut its debt by $15 billion over the next four years, taking a big chunk of liabilities off its books.<blockquote>该航空公司还可以通过筛选其巨额债务来提高利润率，其中包括资产负债表上 360 亿美元的长期债务和租赁负债。美国航空本周表示，其目标是在未来四年内削减 150 亿美元债务，从而从其账面上消除大量负债。</blockquote> McKenzie estimated that American will post earnings per share of $3.50 in 2023, potentially hitting $4 to $4.50 if partnerships with JetBlue and Alaska pan out. At his target of $27, the stock would still trade at merely 6 times EPS of $3.50.<blockquote>麦肯齐估计，美国航空 2023 年的每股收益将达到 3.50 美元，如果与捷蓝航空和阿拉斯加航空的合作伙伴关系成功，可能会达到 4 至 4.50 美元。按照他 27 美元的目标，该股的交易价格仍将仅为每股收益 3.50 美元的 6 倍。</blockquote> All that said, American’s common equity is now worth just $14 billion—or 39% of its long-term debt. And there are no guarantees that American won’t continue to dilute its shares, as it’s done throughout the pandemic, as it aims to ramp up capacity and compete for more revenue in a recovery.<blockquote>尽管如此，美国银行目前的普通股价值仅为 140 亿美元，相当于其长期债务的 39%。也不能保证美国航空不会像整个大流行病期间那样继续稀释股票，因为它的目标是提高产能，并在经济复苏中争夺更多收入。</blockquote> American’s high-volume strategy could also run into headwinds if the demand climate doesn’t cooperate.<blockquote>如果需求环境不配合，美国航空的大批量战略也可能遇到阻力。</blockquote> New coronavirus cases are soaring, again with the Delta variant taking root in the U.S., Europe, and other regions. Australia and New Zealand has suspended their travel corridor, and the U.S. has yet to allow travel from Europe, Brazil, India, and China for noncitizens.<blockquote>新的冠状病毒病例正在飙升，德尔塔变异毒株再次在美国、欧洲和其他地区扎根。澳大利亚和新西兰已经暂停了他们的旅行走廊，美国尚未允许非公民从欧洲、巴西、印度和中国旅行。</blockquote> Airline stocks have been grounded for months, moreover, consolidating gains from late 2020 as vaccinations became widespread and travel demand started to rise. The sector is down 10% in the last three months against a 4.5% return for the S&amp;P 500.<blockquote>此外，随着疫苗接种普及和旅行需求开始上升，航空股已停产数月，巩固了 2020 年底以来的涨幅。过去三个月，该行业下跌了 10%，而标普500的回报率为 4.5%。</blockquote> Nonetheless, analysts are raising earnings estimates across the sector after a slew of relatively upbeat earnings reports from carriers such as Delta Air Lines (DAL), United Airlines Holdings (UAL) and Southwest Airlines (LUV).<blockquote>尽管如此，在达美航空 (DAL)、联合航空控股公司 (UAL) 和西南航空 (LUV) 等航空公司发布一系列相对乐观的盈利报告后，分析师正在提高整个行业的盈利预期。</blockquote> Along those lines, Cowen’s Helane Becker raised her target on American to $23 while maintaining a Market Perform rating. Her 2023 EPS estimate is well below McKenzie’s, at $2.55, though. At her $23 target, the stock would trade at 9 times earnings.<blockquote>按照这些思路，Cowen 的 Helane Becker 将美国航空的目标上调至 23 美元，同时维持市场表现评级。不过，她对 2023 年每股收益的预期远低于麦坚时的 2.55 美元。按照 23 美元的目标价，该股的市盈率将达到 9 倍。</blockquote> Bernstein analystDavid Vernonalso liked American’s report, writing that, “if anything, the guidance is more bullish than we expected.” He maintained an Outperform rating and $28 target.<blockquote>伯恩斯坦分析师大卫-弗农（David Vernon）也喜欢《美国人报》的报告，他写道：“如果说有什么不同的话，那就是指引比我们预期的更乐观。”他维持跑赢大盘评级和 28 美元的目标。</blockquote> JP Morgan ‘s Jamie Baker also lifted estimates on American, though he’s staying bearish. While he hiked his target to $17 from $14 and lifted his 2022 EPS target to $1.95 from $1.65, he maintained an Underweight rating.<blockquote>摩根大通（JP Morgan）的杰米-贝克（Jamie Baker）也上调了对美国航空的预期，但他仍然看跌。虽然他将目标从 14 美元上调至 17 美元，并将 2022 年每股收益目标从 1.65 美元上调至 1.95 美元，但他维持了跑输大盘评级。</blockquote> “We do not believe the company’s balance sheet strategy has been prudent, especially given the current turbulent environment, and we see better value elsewhere in our coverage,” Baker wrote.<blockquote>“贝克写道：”我们认为该公司的资产负债表策略并不谨慎，尤其是在当前动荡的环境下，我们在报道的其他地方看到了更好的价值。</blockquote> Betting against American has been the wrong call this year, though. The stock is up 35% this year, trouncing the 13.5% gain for the NYSE Arca Airline Index. In fact, no other airline stock has comes close—the next best performer has been Spirit Airlines (SAVE) at 14.3%.<blockquote>不过，今年押注美国是错误的看涨期权。该股今年上涨了 35%，超过了纽约证券交易所 Arca 航空指数 13.5% 的涨幅。事实上，没有其他航空公司股票能与之媲美——表现第二好的是精神航空 (SAVE)，股价为 14.3%。</blockquote> Investors appear to have viewed American as a fixer-upper that’s managed to renovate its house enough to compete as demand recovers. Whether the stock lives up to those expectations is the bet investors are making now.<blockquote>投资者似乎将 American 视为一个固定的上层阶级，它成功地翻新了自己的房子，足以在需求复苏时与之竞争。该股是否达到这些预期是投资者现在的赌注。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.barrons.com/articles/american-is-the-years-best-airline-stock-wall-street-is-getting-more-bullish-51627058814?mod=hp_LEAD_1_B_3\">Barrons</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAL":"美国航空"},"source_url":"https://www.barrons.com/articles/american-is-the-years-best-airline-stock-wall-street-is-getting-more-bullish-51627058814?mod=hp_LEAD_1_B_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104730571","content_text":"American has been the year’s best airline stock, but it’s winning more backing on Wall Street with several analysts upgrading the stock after a relatively strong earnings report.\nSeaport Global Securities’ Daniel McKenzie upgraded American (ticker: AAL) stock to a Buy rating with a $27 target on Friday. While it’s still early in the recovery, he wrote, “increased comfort” around corporate and trans-Atlantic revenue, combined with the carrier’s plans to strengthen its balance sheet, are driving “increased conviction” in earnings for 2022.\nAmerican is expecting a robust recovery in domestic business revenue, McKenzie noted, and its international routes offer exposure to pent-up business demand in the U.K., Europe, and Brazil; American has a new code-sharing agreement with the Brazilian domestic carrier GOL Linhas Aereas Inteligentes (GOL).\nAmerican has cut labor and operating costs, partly by removing 157 planes from its fleet and improving operating efficiencies with only four major aircraft models. The carrier has also developed strategic partnerships with JetBlue Airways (JBLU) and Alaska Air (ALK), deals that could add $1 billion in 2022 revenue, McKenzie estimated.\nThe carrier could lift margins as well by winnowing its massive debt, including $36 billion of long-term debt and leasing liabilities on its balance sheet. American said this week that it aims to cut its debt by $15 billion over the next four years, taking a big chunk of liabilities off its books.\nMcKenzie estimated that American will post earnings per share of $3.50 in 2023, potentially hitting $4 to $4.50 if partnerships with JetBlue and Alaska pan out. At his target of $27, the stock would still trade at merely 6 times EPS of $3.50.\nAll that said, American’s common equity is now worth just $14 billion—or 39% of its long-term debt. And there are no guarantees that American won’t continue to dilute its shares, as it’s done throughout the pandemic, as it aims to ramp up capacity and compete for more revenue in a recovery.\nAmerican’s high-volume strategy could also run into headwinds if the demand climate doesn’t cooperate.\nNew coronavirus cases are soaring, again with the Delta variant taking root in the U.S., Europe, and other regions. Australia and New Zealand has suspended their travel corridor, and the U.S. has yet to allow travel from Europe, Brazil, India, and China for noncitizens.\nAirline stocks have been grounded for months, moreover, consolidating gains from late 2020 as vaccinations became widespread and travel demand started to rise. The sector is down 10% in the last three months against a 4.5% return for the S&P 500.\nNonetheless, analysts are raising earnings estimates across the sector after a slew of relatively upbeat earnings reports from carriers such as Delta Air Lines (DAL), United Airlines Holdings (UAL) and Southwest Airlines (LUV).\nAlong those lines, Cowen’s Helane Becker raised her target on American to $23 while maintaining a Market Perform rating. Her 2023 EPS estimate is well below McKenzie’s, at $2.55, though. At her $23 target, the stock would trade at 9 times earnings.\nBernstein analystDavid Vernonalso liked American’s report, writing that, “if anything, the guidance is more bullish than we expected.” He maintained an Outperform rating and $28 target.\nJP Morgan ‘s Jamie Baker also lifted estimates on American, though he’s staying bearish. While he hiked his target to $17 from $14 and lifted his 2022 EPS target to $1.95 from $1.65, he maintained an Underweight rating.\n“We do not believe the company’s balance sheet strategy has been prudent, especially given the current turbulent environment, and we see better value elsewhere in our coverage,” Baker wrote.\nBetting against American has been the wrong call this year, though. The stock is up 35% this year, trouncing the 13.5% gain for the NYSE Arca Airline Index. In fact, no other airline stock has comes close—the next best performer has been Spirit Airlines (SAVE) at 14.3%.\nInvestors appear to have viewed American as a fixer-upper that’s managed to renovate its house enough to compete as demand recovers. Whether the stock lives up to those expectations is the bet investors are making now.","news_type":1,"symbols_score_info":{"AAL":0.9}},"isVote":1,"tweetType":1,"viewCount":800,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/800134473"}