Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Atlas Air Worldwide
So what: The company's just-reported third-quarter earnings and sales came in well below Street targets, and management slashed full-year forecasts as well. That explains the drop; the rebound appears to have come from investors mulling over some very forgiving analyst comments noting that the company's fundamentals remain strong.
Now what: Held hostage by rising fuel costs and generally low demand for quick long-distance shipping, the air cargo sector is currently filled with affordable stocks. Between Atlas Air, Willis Lease Finance
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Fool contributor Anders Bylund holds no position in any of the companies mentioned. We Fools may not all hold the same opinion, but we all believe that considering a diverse range of insights makes us better investors. Check out Anders' holdings and bio, or follow him on Twitter and Google+. Our disclosure policy wants to pet an adorable kitten whenever it sees this ticker.