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Looking for winning airline stocks this year? BofA says to avoid Southwest and JetBlue. - MarketWatch

1. BofA upgraded American Airlines; downgraded Southwest and JetBlue due to performance. 2. Delta's strong earnings drive positive outlook for network carriers like American Airlines. 3. Premium demand is crucial; Delta's premium travel accounted for 57% of revenue. 4. Increased jet fuel prices could pressure near-term earnings, impacting overall airline profits. 5. Corporate travel recovery expected to benefit American Airlines significantly.

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FAQ

Why Bullish?

Strong earnings from Delta and upgrades for American Airlines suggest positive trends; similar past instances fueled price increases.

How important is it?

Article highlights recent analyst actions and market trends impacting Delta and peers, indicating importance in trading decisions.

Why Short Term?

Immediate effects tied to analysts' upgrades likely to influence market sentiment quickly, reminiscent of past earnings conferring momentum.

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