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Don't Worry About American Airlines' Downgrade

2015-10-02 04:25:17| Airlines - Topix.net

So am I, primarily because of American's cheap valuation/excellent management, who have been smart enough to not hedge, and take full advantage of the new and consolidated airline industry. American Airlines investors just can't seem to catch a break- after trading around 20% down YTD, it has essentially gone nowhere over the past three months, despite oil plummeting another 30%.

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