Best Airline Stocks to Follow Now - March 8th

Attention investors! When it comes to airline stocks, three companies stand out today: United Airlines, American Airlines Group, and Zscaler. These stocks are generating significant interest according to a stock screener tool. Investing in airline stocks gives you a chance to own a portion of companies that provide air transportation services. The value of these stocks can fluctuate based on various factors, such as economic trends, fuel costs, and travel demand.

United Airlines (UAL)

United Airlines Holdings, Inc. operates a vast network, providing air transportation services across North America, Asia, Europe, Africa, and beyond. They not only transport passengers but also handle cargo operations through their mainline and regional fleets. In addition, United offers various services, including catering and maintenance for third-party clients.

Recently, United Airlines stock saw a drop of $3.39, trading at $82.88 during midday. The trading volume reached 14,848,746 shares, surpassing its typical volume of 7,559,766. Over the past year, the stock hit a low of $37.02 and a high of $116.00. Currently, its market capitalization stands at $27.13 billion, with a price-to-earnings (PE) ratio of 8.79.

American Airlines Group (AAL)

American Airlines Group Inc. is another major player in the airline industry, offering scheduled flights for both passengers and cargo. They operate through several hubs located in key cities such as Dallas/Fort Worth, Miami, and New York, also extending their reach through international routes.

On the trading floor, American Airlines Group stock dipped $0.22 to $13.03. The trading volume for the day was 76,538,590 shares, significantly higher than its average of 37,801,629. The stock has fluctuated between a low of $9.07 and a high of $19.10 over the last year, with a market cap of approximately $8.57 billion and a PE ratio of 11.43.

Zscaler (ZS)

Though not a traditional airline stock, Zscaler, Inc. operates in the tech sphere as a cloud security company. It provides secure access solutions for users and devices connecting to externally managed applications, reinforcing cybersecurity in today's digital age.

Zscaler's stock surged by $6.60, bringing it to $208.76 during midday trading. The trading volume reached 4,342,779, compared to the usual 1,868,072. In the last year, the stock had a low of $153.45 and a high of $217.84, with a market cap of $32.03 billion.

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