The airline industry trade association is now projecting record profits of close to $30 billion for the airline industry in 2015. More than half is slated to be earned in North America. The drivers are the economy and the low and stable oil prices of $65 per barrel compared to $101 in 2014. The recent job reports for May confirm that U.S. economic growth should be strong in the remainder of 2015. Here are some of the best airlines TheStreet Quant Ratings says you should consider looking at. Number 3 is Spirit Airlines. With an ‘A-‘ rating, the company’s strengths can be seen in its revenue growth and good cash flow from operations. 2nd is, Delta Air Lines. This rating is also an ‘A-.’ Delta thrives in its revenue growth and increase in net income. Number 1 is Alaska Air Group. With an ‘A+’ rating, the company thrives in its solid stock price performance and expanding profit margins. TheStreet Ratings are algorithmic stock picks based on 32 major data points. S&P 500 stocks rated ‘buy’ yielded a 16.5% return in 2014, beating the S&P 500 Total Return Index by more than 300 basis points.
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