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Sell Alert: JetBlue Airways (JBLU)

Sell Alert
JetBlue Airways (JBLU)
from The Investment Letter, recommended at $6.38 in the April 3 Daily Alert and in Investment Digest issue 740.

Given the recent announcement by United Airlines that things are not going as well as expected, I don’t feel good about holding JetBlue Airways in our portfolio. Since we...

Sell Alert

JetBlue Airways (JBLU)

from The Investment Letter, recommended at $6.38 in the April 3 Daily Alert and in Investment Digest issue 740.

Given the recent announcement by United Airlines that things are not going as well as expected, I don’t feel good about holding JetBlue Airways in our portfolio. Since we bought it last March, it has been up and down in price, but has failed to make any real gains. I fear that a market correction might hit this stock particularly hard; therefore, I am going to put a sell on it.

David C. Jennett, The Investment Letter, P.O. Box 6170, Holliston, MA 01746, 800-542-5018, October 1, 2013