Southwest Airlines tops the list for best stocks of 2014.
The world’s largest low-cost carrier, Southwest Airlines, has topped the list for best Airline Stock of 2014.
The airline, headquartered in Dallas, Texas, received an A+ rating, triumphing over Spirit Airlines, Alaska Airlines and Allegiant Travel Co who all received A ratings.
On the list of top ten stocks are also Allegiant Travel Co, Hawaiian Holdings Inc., Copa Holdings SA and Delta Airlines who received an A-.
Ryanar Holdings scored a B+, while Jetblue Airways Corporation and Untied Continental Holdings Inc. each received a B and B- respectively.
The monumental upward swing has seen Southwest up 73% per cent on their year to date, setting an all-time intraday high at $32.92 on September 2.
Southwest in the skies
Image Source: Steve Cosgrove.
Established in 1967, Southwest operates over 3400 flights per day to 89 different destinations.
While the airline is basking in the glow of success, travel media are also abuzz with rumours that the airline will be looking to rebrand.
An image, released today, shows a Southwest carrier with a new, colorful paintjob.
While an announcement is set to take place today, the airline remains silent, adding speculation to a possible repositioning of the company itself.