A Cheap Airline Play: Alaska Air Group

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

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.