Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

United Airlines Receives Composite Rating Upgrade

The IBD SmartSelect Composite Rating for United Airlines increased from 89 to 98 Wednesday.

The revised score means the stock currently tops 98% of all other stocks in terms of key performance metrics and technical strength.

United Airlines is now out of buy range after clearing the 49.67 buy point in a double bottom.

Looking For Winning Stocks? How To Invest In Both Bull And Bear Markets

One weak spot is the company's 48 EPS Rating, which tracks quarterly and annual earnings-per-share growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.

Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors over the last 13 weeks.

The company posted a 63% earnings gain for Q4. That means it's now posted two straight quarters of rising EPS gains. Sales growth climbed 8%, up from 2% in the prior report. That marks one quarter of increasing revenue gains.

United Airlines holds the No. 2 rank among its peers in the Transportation-Airline industry group. Skywest is the No. 1-ranked stock within the group.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.