Jun. 27 at 1:08 AM
$LUV has been on my list of Growth at a Reasonable Price companies for a while now. It was obvious last month when the shares were trading fo
$40 that the price would soon rise. The war had moved into a ceasefire phase and everyone knew oil was about to fall. And when jet fuel falls, money drops right down to the bottom line. My price target on LUV has been and still is in the mid to upper
$60’s. That was a great deal when the shares were trading for
$40. At
$51 it’s still a good deal. Just not a great deal.