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SkyWest (SKYW) operates a regional airline in the United States.
The company offers scheduled passenger and air freight services with departures to destinations in the United States, Canada, Mexico, and the Caribbean. It also provides regional jet and turboprop service to airports; and ground handling services for other airlines throughout its system. The company operates flights as Delta Connection, United Express, US Airways Express, American Eagle, and Alaska under code-share arrangements. As of December 31, 2012, it operated a fleet of 744 aircraft.
Shares have pulled back to a support level and higher prices are expected for this stock.
We are now hearing rumors of good news for this company. One of the rumors states that this stock will be named by the leading stock advisory service as one of its "top picks." This service is widely followed by mutual funds and institutional money managers. These investors have portfolios that mimic recommendations of this service. Their naming of the stock should lead to additional demand for the shares.
52-Week Trading Range: $6.25 - $16.32
Entry Point: $13.95
Stop Loss: $13.20
Target Price: $15.29
SKYW was featured on April 18 at $13.95. After 30-days, stock did not reach our 10% target.
