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Payne's Picks

A Cheap Airline Play: Alaska Air Group

By Payne's PicksFOXBusiness

Can Alaska Air shares take your portfolio to new heights?

FBN’s Charles Payne, NewOak Capital President James Frischling, Harrington Capital Management founder Kyle Harrington, Tea Party News Network News Director Scottie Nell Hughes, retail analyst Hitha Herzog and Penn Financial Group founder Matt McCall on the outlook for Alaska Air Group.

Let’s talk about Alaska Air Group (NYSE:ALK).

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I just think it's probably the cheapest airline out there, using any valuation metric. It's starting to take off, no pun intended, but I do like the way it's acting. I think the valuations are there. I like it.

It's a regional airline, and one that is growing. It's one that doesn't get a whole lot of press, but I like it long term.

Listen, maybe short term you can do a trade, but I like it long term. I think it's perfect for your 401K. If you're looking for something to buy in one, two, three years, ALK is the one I like right now.


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