Southwest Airlines (LUV Stock) ready to fly up, up, and away? [Video]

Giles Coghlan LLB, Lth, MA Financial Source

One stock that shows some very strong seasonals is Southwest Airlines. With the company recently employing 4,500 more staff, and footfall expects to increase in airports, is this a great stock to consider buying into the end of the year?

Over the last 10 years, Southwest Airlines has risen 90% of the time between August 26 and December 01 with an average return of +16.53%. The largest gain was in 2013 with a 40.24% gain. The largest loss was in 2018 with a -10.74% loss.

Major Trade Risks: Any new COVID-19 variant has the potential to slow down global recovery and prevent air travel.

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Author

Giles Coghlan LLB, Lth, MA

Financial Source

Giles is the chief market analyst for Financial Source. His goal is to help you find simple, high-conviction fundamental trade opportunities. He has regular media presentations being featured in National and International Press.

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