American Airlines Group Inc. (AAL) failed to extend gains with the stock declining -1.77% or $-0.84 to close the day at $46.57 on light trading volume of 6.25M shares, compared to its three month average trading volume of 6.61M. The Fort Worth Texas 76155 based company has been outperforming the major airlines group over the past 52 weeks, with the stock gaining 21.9%, compared to the industry which has advanced 19.92% over the same period. With RSI of 51.09, the stock should still continue to rise and get closer to its one year target estimate of $54.33, making it a hold for now.
American Airlines Group Inc., through its subsidiaries, operates in the airline industry. As of December 31, 2015, the company operated a mainline fleet of 946 aircraft. It serves 350 destinations in approximately 50 countries. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1934 and is headquartered in Fort Worth, Texas.
Delta Air Lines, Inc. (DAL) retreated with the stock falling -0.4% or $-0.2 to close at $49.86 on light trading volume of 7.02M compared its three months average trading volume of 7.68M. The Atlanta Georgia 30354 based company operating under the Major Airlines industry has been trending up for the last 52 weeks, with the shares price now 13.34% up for the period and up by 1.36% so far this year. With price target of $0 and a 54.49% rebound from 52-week low, Delta Air Lines, Inc. has plenty of upside potential, making it a hold with a view buy.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including delta.com and mobile, telephone reservations, traditional brick and mortar, and online travel agencies. It also provides aircraft maintenance, repair, and overhaul services; staffing, and professional security and training services, as well as aviation solutions to third parties; vacation packages to third-party consumers; and aircraft charters, and aircraft management and programs. As of February 3, 2016, the company operated a fleet of approximately 800 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.
Corning Incorporated (GLW) continued its upward trend with the stock climbing 1.91% or $0.51 to close the day at $27.24 on higher than average trading volume of 8.98M shares, compared to its three month average trading volume of 7.04M. The Corning New York 14831 based company has been outperforming the diversified electronics companies by 16.9864% for last three months and its recent gains have pushed the stock slightly up 12.24% YTD, versus the diversified electronics industry which is up 5.84% for the same period. The RSI of 71.25 indicates the stock is overbought at the current levels, sell for now.
Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials in North America, the Asia Pacific, Europe, and internationally. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) used in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment manufactures optical fiber and cable; and hardware and equipment products comprising cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for various carrier network applications. This segment also offers subscriber demarcation, connection and protection devices, passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary, and gasoline and diesel applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment manufactures and supplies scientific laboratory products consisting of consumables, such as plastic vessels, specialty surfaces, and media, as well as general labware and equipment for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry; and develops and produces technologies for biologic drug production markets. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.