Spirit Airlines Headed For A Rebound In 2016
- Spirit Airlines shareholders are glad to see 2015 end.
- The airline is set for better traffic metrics in 2016 due to reduced capacity growth.
- The stock is highly attractive at extreme lows compared to the long-term growth rate.
My investment thesis on Spirit Airlines (NASDAQ:SAVE) for a while now is that the airline caused self-inflicted wounds by growing capacity too fast. The stock is currently trading near multi-year lows, down roughly 50% from all-time highs.
Read the full article at Seeking Alpha.
Disclosure: No position mentioned. Please review the disclaimer page for more details.
Comments