Latest news with #JetBlueAirwaysCorporation
Business Wire
28-05-2025
- Business
- Business Wire
JetBlue to Participate in TD Cowen's Future of the Consumer Conference
NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (Nasdaq: JBLU) will participate in a fireside chat at TD Cowen's 9th Annual Future of the Consumer Conference at 10:15 a.m. ET on Wednesday, June 4, 2025. A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address: For those unable to listen to the live webcast, a replay will be archived on JetBlue's investor relations website under 'Archived Events & Presentations' following the conference call. About JetBlue JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and Europe. For more information and the best fares, visit
Yahoo
10-05-2025
- Business
- Yahoo
JetBlue Airways Corporation (JBLU): Among the Best American Penny Stocks to Buy Now
We recently compiled a list of the . In this article, we are going to take a look at where JetBlue Airways Corporation (NASDAQ:JBLU) stands against the other American penny stocks. American penny stocks comprise shares of US-based companies that trade under $5 on public exchanges. Besides their perceived appeal to retail investors due to cheap price and the possibility to affordably amass a large number of shares, American penny stocks are distinct for representing two important factors – the small-cap factor and the US country factor. Readers should know that these two factors are known for significantly outperforming their broad market counterparts in the last 15 years after the Great Financial Crisis. For reference, small-cap factor has outperformed its large-cap counterparts throughout the 2010s as the economy experienced a relatively peaceful period with relatively low interest rates, which is highly favorable for small, high-growth businesses. Likewise, the US stock market has consistently outperformed the World stock market, including major markets like Europe, China, and Japan, thanks to superior productivity growth and valuation expansion. The situation drastically reversed in late 2024 and early 2025 with the election of a new US administration. The US stock market underperformed by more than 15% markets like Germany and China since the beginning of the year. The small-cap factor fell out of favor relative to the large-cap factor. The former event was driven by aggressive Trump 2.0 cuts and tariff threats, which put the US export/import base at risk, while the latter is driven by market uncertainty and investors flying to safe assets such as gold, bonds, or mature large-cap stocks. We believe that both these developments are temporary shocks and do not represent structural or definitive changes. In this context, a smart way to make money in the market would be to take a contrarian bet and buy American small-cap and penny stocks while they are relatively underpriced vs. their global and large-cap counterparts. READ ALSO: 13 Best Canadian Penny Stocks to Invest in Now First of all, we are firm believers that US investors should 'stay at home' and continue to favor domestic stocks. The superior performance of the US stock market was not luck, but rather consistent productivity growth through deregulation, capital favoring risky but promising projects, and a more prominent hustle mentality. The European Central Bank confirms these findings and mentions that between Q4 2019 and Q2 2024, labor productivity per hour worked increased by 0.9% in the Euro area, whereas it increased by 6.7% in the US. This difference is significant and compounds over time, leading to drastic differences in stock price performance over 5-10 years or more. Odds are that the US will continue to outperform Europe and the rest of the world in productivity gains. According to analysts, Trump turmoil is a temporary thing; tariff uncertainty should naturally resolve at some point, through either a trade deal or a withdrawal by the President himself. Furthermore, the Trump 2.0 regime has some aces up its sleeve, such as tax cuts and further deregulation, which is a heaven for productivity growth. Europe, on the other hand, remains a slow bureaucratic machine that is fueling its economic growth through debt issuance and industrial-military projects that bring very little value added (for reference, the German €500 billion spending bill will mostly result in new missiles that will probably never be fired). Likewise, China has its own problems, such as stalled population growth and increasing threats of onshoring and outsourcing to India and other regions. India got itself stuck in a new war with Pakistan, which might negatively impact its investment climate and economic growth. Second, small caps and penny stocks became cheaper due to recessionary threats and widespread signals that the US economy is slowing down. While many sectors, such as construction and industrial automation, are indeed in a slowdown, the stock market is a forward-looking animal that gauges developments that would impact the economy 6-12 months from now. In other words, the market is very likely to return to growth upon the slightest positive signal. We believe there are many indications that the US will be able to avoid a deep economic recession. Rumors, as well as thorough analysts from leading banks like JP Morgan, say that the tariff saga is approaching a possible end through a deal with China and other large trade partners. China is likely to sit at the negotiating table as its economic outlook has been deteriorating as well – it turns out that around 20 million jobs in the country are directly dependent on commerce with the US. Avoiding a trade deal with the US might be more catastrophic for China than it might be for the US. Also, the latest report shows that the US economy added 177,000 jobs in April, beating expectations by a wide margin, which indicates that CEOs are reluctant to downscale their business and rather anticipate a gradual rejuvenation in the business environment later in the year. With that being said, contrary to the prevailing belief, our opinion is that the US economy is far from doomed. History shows that stock markets have always recovered and always scored new highs. In this context, the best American penny stocks could become favored again and outperform the broad market. To compile our list of the best American penny stocks, we used a screener to identify companies based in the US with a share price below $5.00. Then we compared the list with Insider Monkey's proprietary database of hedge funds' ownership, as of Q4 2024, and included in the article the top 10 stocks with the largest number of hedge funds that own the stock, ranked in ascending order. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A commercial jetliner at an airport gate with passengers waiting in the background. JetBlue Airways Corporation (NASDAQ:JBLU) is a US-based low-cost airline operating over 1,000 daily flights to more than 100 destinations across the United States, Latin America, the Caribbean, Canada, and Europe. The company is headquartered in New York, but maintains major hubs in JFK airport, Boston, Fort Lauderdale, Los Angeles, Orlando, and San Juan. JetBlue Airways Corporation (NASDAQ:JBLU) faced challenges in Q1 2025 due to weakening demand and an uncertain economic environment, with capacity down 4.3%. The company is taking decisive actions to address these challenges, including reducing capacity, limiting discretionary spending, and reevaluating fleet plans. Despite these headwinds, management remains committed to its long-term JetForward strategy, which aims to drive transformational change and return the airline to sustained profitability. On the positive side, JetBlue Airways Corporation (NASDAQ:JBLU) is seeing some positive trends, including strong performance in premium segments and international markets, as well as improvements in operational metrics like A14 and Net Promoter Score. The company is also making progress with cost transformation initiatives and expects savings to ramp up in the second half of the year. Additionally, the company is pursuing new opportunities, such as a potential domestic airline partnership and expansion into secondary cities, which could provide future growth avenues. JBLU is down more than 40% since February 2025, under what we believe are temporary capacity headwinds induced by uncertainty and tariffs. JLBU is one of the best American penny stocks to buy now as it is currently trading at only 0.17x Price-to-Sales ratio. Overall JBLU ranks 7th on our list of the best American penny stocks to buy now. While we acknowledge the potential of JBLU as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than JBLU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
01-04-2025
- Business
- Yahoo
Is JetBlue Airways Corporation (JBLU) the Best Airline Stock to Buy Now?
We recently published a list of . In this article, we are going to take a look at where JetBlue Airways Corporation (NASDAQ:JBLU) stands against other best airline stocks to buy now. The global airline industry was hit worse than most other industries by the COVID-19 pandemic. According to McKinsey, the industry's revenue in 2020 was $328 billion, representing a revenue loss of more than $370 billion over 2019. However, the industry has progressively rebounded in recent years and is expected to rise steadily as international travel returns worldwide. Back in 2023, the aviation value chain seemed encouraging compared to a couple of years prior. Jet fuel manufacturers, who profited from higher gasoline prices, and freight forwarders, having continued to enjoy robust air cargo demand, made the most money. On the other hand, airports, airlines, and OEMs faced the biggest losses in absolute terms. That said, the aggregate results, boosted by the continued recovery in air travel, were a substantial improvement over 2022, when economic losses across the entire chain reached almost $67 billion. On that front, McKinsey stated that 9 of the 11 subsectors the firm analyzed did better in 2023 than in 2022, and 6 of the 11 performed better than in 2019. Furthermore, according to a UN Tourism study released in January 2024, international tourism reached 88% of pre-pandemic levels in 2023 and was on course to rebound to levels before the pandemic. The US airline sector began 2025 operating at greater than pre-pandemic levels, with demand showing a strong rebound in 2024 and early 2025. According to Bain & Company's Q1 2025 air travel forecasts, annual air travel demand has surpassed 2019 totals based on revenue passenger kilometers. This recovery marked a significant milestone, with 2024 travel demand surpassing 102.6% of 2019 levels. However, new data shows that this trend seems to have reversed on account of heightened inflation and safety concerns. The market has already begun reflecting this change, with the S&P 500 passenger airline index down about 20.8% year-to-date. All that said, the future holds a bit more promise. By 2030, the US is expected to replace the UK as the world's largest outbound travel market, thanks to a spike of 21 million extra visitors between 2024 and 2030. Meanwhile, China is expected to reclaim its position as the third-largest outbound travel market, up from 7th place in 2024, with an increase of more than 26 million travelers. Furthermore, the Airports Council International (ACI) predicts that global passenger traffic would rise at a compound annual growth rate of 3.4% between 2024 and 2043, reaching 17.7 billion people. By 2045, these numbers are predicted to increase to 18.7 billion, nearly double those in 2024. Looking even beyond that, passenger traffic is expected to hit the 22.3 billion mark by 2053, about 2.4 times the 2024 prediction. For our list of the 11 best airline stocks to buy, we noted down stocks that were involved in the airline industry and then selected the top 11 companies that operated in that space. We used ETFs, financial media reports, and stock screeners to compile a preliminary list. We arranged the chosen companies in ascending order of hedge fund ownership as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A commercial jetliner at an airport gate with passengers waiting in the background. JetBlue Airways Corporation (NASDAQ:JBLU) is a well-known American low-cost carrier. The airline, headquartered in New York, operates flights to over 100 locations in the United States, the Caribbean and Latin America, Canada, and Europe. The company is renowned for its emphasis on customer happiness, which includes offering amenities like in-flight entertainment while keeping a low ticket cost. Following the airline's fourth-quarter results release, Raymond James analyst Savanthi Syth reiterated a Market Perform rating on JetBlue Airways (NASDAQ:JBLU). Syth said that JetBlue's fourth-quarter revenue reached the upper end of the company's projections, with adjusted earnings per share marginally exceeding consensus predictions but falling short of Raymond James' expectations owing to higher non-operational expenditures. The analyst also added that JetBlue's conservative estimates for 2025 may be due to the airline's comparitively small exposure to major business travel and rising competition capacity challenges. Overall, JBLU ranks 7th on our list of best airline stocks to buy now. While we acknowledge the potential of JBLU as an investment, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JBLU but trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
01-03-2025
- Business
- Yahoo
JetBlue Airways Corporation (JBLU): Among Top Stock Picks From Carl Icahn's Portfolio
We recently published a list of . In this article, we are going to take a look at where JetBlue Airways Corporation (NASDAQ:JBLU) stands against other top stock picks from Carl Icahn's portfolio. Billionaire hedge fund manager Carl Icahn was known as a corporate raider in the 1980s, although he is now more commonly referred to as an activist investor. Icahn is a relentless and self-consciously contrarian investor with a keen eye for undervalued opportunities. Valuing hard assets, he has often stated that he prefers to purchase unglamorous, out-of-favor companies. The same is true for his investment wheel, , which is well-known for its aggressive and high-stakes activism efforts, establishing itself as one of the world's most powerful and prominent hedge funds. Boasting an impressive track record, the billionaire investor achieved an average annualized return of 14% between 2000 and 2022, outperforming the S&P 500 by 6%. One of the most well-known examples of Icahn's corporate raiding is his aggressive purchase of TWA in 1985. He obtained a majority share in the airline and then fought bitterly with management over the company's future. Despite criticism from TWA management, Icahn eventually emerged triumphant, turning the firm around and increasing its worth. Another significant example of Icahn's activism was his participation in the Dell acquisition in 2013. Icahn invested heavily in the firm and then mounted a public campaign opposing Michael Dell and Silver Lake Partners' proposed takeover. Icahn claimed that the planned takeover undervalued the firm and sought that the buyout price be raised. Although the 89-year-old investor earned a name for himself (alongside billions of dollars) by criticizing business executives' policies and plans and advocating for reform within firms, it appears that the tide has shifted, as Icahn is now under heavy scrutiny from Wall Street investors, who are swiftly dumping his company's shares. Shares of Icahn Enterprises, his publicly traded investment business, have fallen more than 48% in the last year. Shares began to fall in May 2023, when Nate Anderson's short-selling firm, Hindenburg Research, issued a study doubting the company's financials. Among other things, Hindenburg accused the company of paying an unsustainable dividend. In a September 2024 interview, Anderson predicted that its shares would continue to plummet, claiming Icahn's frequent use of personal debts remains a threat to the company's viability. As an illustration of the troubles the activist investor faces, Icahn Capital LP saw losses exceeding $3 billion from Q4 2023 to Q4 2024. For our list of Carl Icahn's top stock picks, we scanned the legendary investor's 13F portfolio at the end of Q4 2024. We ranked the top 10 stocks in ascending order based on the value of Icahn Capital's stake in them as of the end of the quarter. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A commercial jetliner at an airport gate with passengers waiting in the background. Carl Icahn's Q4 2024 Stake: $139.3 million JetBlue Airways Corporation (NASDAQ:JBLU) is a major American low-cost airline operator. Based in New York, the airline offers air transportation to over 100 destinations in the United States, the Caribbean and Latin America, Canada, and Europe. The firm is well-known for its focus on client satisfaction, which includes providing facilities that include in-flight entertainment and comfortable seats, while maintaining a cheap ticket structure. Seaport Global Securities downgraded JetBlue Airways Corporation (NASDAQ:JBLU) from Buy to Neutral in January. Analyst Daniel McKenzie noted ongoing worries about Pratt & Whitney (P&W) engine failures, which have led to an increase in aircraft groundings and hampered the airline's earnings recovery. The firm's original Buy recommendation back in 2020 was based on the premise that JetBlue could potentially be one of the first airlines to recover normalized profitability following the pandemic, given its notable exposure to domestic and leisure demand. That said, JetBlue's operating environment has transformed, with the airline suffering disproportionately from post-COVID supply chain delays and higher-than-expected labor cost inflation. Overall, JBLU ranks 8th on our list of top stock picks from Carl Icahn's portfolio. While we acknowledge the potential of JBLU as an investment, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JBLU but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
30-01-2025
- Business
- Yahoo
Jim Cramer Says JetBlue Airways Corporation (JBLU) Has ‘Terrible Earnings And Outlook That Caused The Stock To Lose Over 25% Of Its Value In A Single Session'
We recently compiled a list of the . In this article, we are going to take a look at where JetBlue Airways Corporation (NASDAQ:JBLU) stands against the other stocks Jim Cramer talked about recently. Jim Cramer, the host of Mad Money, recently shared his thoughts on the surge in cruise stocks, offering a perspective that diverges from the usual focus on the tech sector. According to Cramer, the excitement over DeepSeek's impact on technology has caused many to overlook simpler, more accessible opportunities. While questions about power plants, data centers, and the future of companies like Nvidia are complex, Cramer finds comfort in identifying opportunities that are easier to grasp. One such opportunity, he pointed out, is with the cruise line operators. Cramer cited a comment from the CEO of a cruise operator who mentioned that the current macro environment favors experiences over material goods as spending on leisure and travel continues to rise and said: 'Hey, to me it means the cruise lines were cyclical stories before Covid, but now they've become genuine secular growth plays and they may stay that way for a generation.' He emphasized that many investors are still struggling to accept the rapid growth of cruises in such a short time span, despite travel being a massive $2 trillion industry. Cruises, within that context, offer significant value, Cramer noted. READ ALSO 7 Stocks on Jim Cramer's Radar and Jim Cramer's Game Plan: Top 14 Stocks to Watch He also highlighted an important factor that has changed the cruise industry since the pandemic: many cruise companies have become far more disciplined in managing their capacity. Unlike before, when too many ships would flood the market, operators are now taking a more cautious approach, which has made the industry more resilient. This shift, according to Cramer, has strengthened the position of cruise lines moving forward. Despite this, he observed that travel and leisure stocks remain undervalued, as many analysts continue to doubt the staying power of the cruise industry. While Cramer acknowledged that there are still underperforming companies in the market, including a struggling airline stock he pointed out, he firmly stated that he would prefer to own shares in the worst cruise line over the best airline. Our Methodology For this article, we compiled a list of 11 stocks that were discussed by Jim Cramer during the episode of Mad Money on January 28. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the third quarter of 2024, which was taken from Insider Monkey's database of 900 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). A commercial jetliner at an airport gate with passengers waiting in the background. Number of Hedge Fund Holders: 28 Cramer highlighted JetBlue Airways Corporation's (NASDAQ:JBLU) disappointing earnings led to a decline in its stock recently as he said: 'There's still some laggard, haggard companies out there that can act like skunks at a profits party. That's what JetBlue was today with its terrible earnings and outlook that caused that stock to lose over 25% of its value in a single session. Still, one more reason why I always like to say I'd rather own shares in the worst cruise line than the best airline.' JetBlue (NASDAQ:JBLU) offers air travel services. In 2024, as mentioned in our article, Jim Cramer's Exclusive List: 10 Stocks You Should Keep an Eye On, Cramer expressed his thoughts about the company as he said: 'Here's my feeling on JetBlue Airways Corporation and on airlines. I haven't bought an airline stock, other than for my father, since 1984, and it was an immediate mistake. I learned my lesson: don't touch the airlines. There are a lot of better stocks out there; you don't need to be in airlines.' Overall JBLU ranks 11th on our list of the stocks Jim Cramer talked about recently. While we acknowledge the potential of JBLU as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than JBLU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
