Alaska Air: Should You Buy ALK Stock At $55?
1. ALK stock declined 15%, underperforming the S&P 500’s 15% increase this year. 2. Revised Q3 earnings forecast lowers EPS to $1.00 to $1.40, raising investor concerns. 3. ALK has strong revenue growth but weak profit margins compared to peers. 4. Current P/S ratio of 0.5 shows appealing valuation relative to the S&P 500. 5. Analysts suggest long-term investment in ALK could yield substantial returns.