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Alaska Air Group, Inc. (ALK) [hlAlert]

Rating:
Hold ALK

Alaska Air Group, Inc. (ALK) rated Hold by McAdams Wright Ragen

Posted on: Tuesday,  Jul 14, 2009  3:25 PM ET by McAdams Wright Ragen

Alaska Air Group, Inc.
(NYSE: ALK) rated Hold by McAdams Wright Ragen.

Alaska Air Group, Inc. is a holding company and has two principal subsidiaries: Alaska Airlines, Inc. and Horizon Air Industries, Inc. Both subsidiaries operate as airlines. However, each subsidiary's business plan, competition and economic risks differ substantially. Alaska is a major airline, operates an all jet fleet, and its average passenger trip length is 833 miles. Horizon is a regional airline, operates jet and turboprop aircraft, and its average passenger trip is 231 miles.

At the heart of our company is a belief that a disciplined value approach to investing can lead to superior investment returns. While many other firms have reduced their commitment to research since the compensation link between corporate finance and research was severed a few years ago, we continue to invest heavily in our research department. Our research is solely targeted at providing our retail and institutional clients with good investment advice.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/14/2009 3:25 PM Hold
None
5.20
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2009 11:25 AM Hold
None
7.22

(*) Stock Price at the time of the recommendation.
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