Airline-Stock Surge in U.S. Gets Help From Cheaper Oil
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Lower oil prices may help airline stocks extend what’s poised to become their best back-to-back annual performance in more than 20 years, according to Savanthi Syth, an analyst at Raymond James & Associates.
The CHART OF THE DAY compares the performance of airline stocks in the Standard & Poor’s Composite 1500 Index with the broader gauge, consisting of companies in the S&P 500, MidCap 400 and SmallCap 600 indexes, since the start of last year.