Hot Stocks: Southwest Airlines (LUV), CVS Caremark (CVS), American Airlines Group (AAL), JetBlue Airways (JBLU)
Southwest Airlines Co (NYSE:LUV) proudly shows its commitment to the Asian Pacific American (APA) community through its celebration of Asian Pacific American Heritage Month in May. The Company is hosting an array of activities throughout the month of May and will continue celebrating Asian Pacific American Heritage all year long. Southwest Airlines Co (NYSE:LUV)’s stock traded beginning with a price of $24.38 and throughout the trading session climbed to $24.39 and later when day-trade ended the stock finally closed at $24.18. Stock showed weekly performance of 0.96%.
CVS Caremark Corporation (NYSE:CVS) paid a price for not joining in the discounting frenzy favored by some rivals, reporting lower sales of generic drugs, personal-care items and grocery products at the front area of its stores. CVS has deliberately avoided the aggressive discounting some retailers are using to boost revenue. CVS Caremark Corporation (NYSE:CVS) on last trade day closed at $73.86. Stock institutional ownership is 86.30% while insider ownership included 0.10%. In its share capital CVS has 1.19 billion outstanding shares among them 1.19 billion shares have been floated in market.
Shares of American Airlines Group (NASDAQ:AAL) were the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 19,628,953 shares, a decline of 23.3% from the March 31st total of 25,578,918 shares, Analyst Ratings Network.com reports. Based on an average daily volume of 12,820,049 shares, the days-to-cover ratio is currently 1.5 days. Approximately 4.2% of the company’s stock are short sold. American Airlines Group Inc (NASDAQ:AAL)’s stock on May 2, 2014 closed at $36.49. Its fifty two weeks range was $23.45 -$39.88. The total market capitalization recorded $26.28 billion. The overall average volume in the last trading session was 11.27 million shares. In its share capital, company has 720.20 million outstanding shares.
Award-winning JetBlue Airways Corporation (NASDAQ:JBLU) announces plans to launch a new daily nonstop route between Salt Lake City and Orlando, Fla. beginning November 12, 2014.The Utah capital will be JetBlue’s 24th nonstop destination from its focus city at Orlando International Airport. JetBlue Airways Corporation (NASDAQ:JBLU) stock 52-week range of $5.95 – $9.45. The total market capitalization of the stock is $2.43 billion; total average volume held in the session was 7.85 million shares which are lower than its average volume of 296.79 million shares.