Has it really been five years since JetBlue
Today it's 15 XM Satellite Radio
Looking at the five burning candles, maybe JetBlue would prefer to pocket the last one and lie about its age. Things were so much easier for the carrier before it turned four. While the company has maintained its profitability over the past year, earnings clocked in lower than the previous year's showing during each of the 2004 quarters.
The stock is trading in the teens, and that's a far cry from its peak in the summer of 2003 when its shares were soaring toward the $50 mark. While the stock is unlikely to show much in terms of resiliency until it can get operating margins improving again, this may be the perfect time to consider buying in.
Over in our Rule Breakers discussion board someone asked whether JetBlue was a worthy candidate for the newsletter. I had to think that one over because, in a sense, it has the perfect RB vibe. The way the company stormed the beleaguered airline industry -- where only Southwest's
JetBlue, which was once singled out by Motley Fool Stock Advisor, is still a pretty face in a sector with a really ugly yearbook. But the travel industry has been bouncing back, and if the carriers ever get over the intermittent pricing war outbreaks, JetBlue should reap some handsome rewards. So let's see how the company's sixth birthday party turns out. Shareholders could really use some presents.
More stories that went airborne recently:
- JetBlue believes that XM marks the spot.
- Delta's singing a Song in the key of JetBlue.
- Check out some great travel deals in our Cheap Air Fares discussion board.
Longtime Fool contributor Rick Munarriz has enjoyed the two JetBlue flights he has taken. He does not own shares in any company mentioned in this story. The Fool has a disclosure policy. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.