29-01-2018 16:22 via finance.yahoo.com

After a Hard Landing, American Airlines Group Inc Is Ready for Lift Off

After a sharp upside breakout, shares of American Airlines Group Inc (NASDAQ:AAL) have descended rapidly.More importantly, guidance for 2018 was raised to a range $5.50 to $5.60 per share versus previous guidance of $5.32.  American Airlines stock, however,  dropped sharply following the earnings report.Now that AAL has fallen while earnings and guidance have increased, the forward price-to-earnings multiple of 9.55 is looking much more attractive than just at few weeks ago w
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