The Best Way to Play a Strong U.S. Dollar
Contrarian Profits (June 18th, 2009) Writes:
As the U.S. dollar remains strong some industries traditionally benefit – travel being one of them. And I’ve uncovered two stocks uniquely poised to profit…
The summer sun is seducing stir-crazed American families tired of penny-pinching. Add to that a strong dollar and I predict that those who can will travel.
Now, as swine flu continues to make the news, it will perhaps prompt some to avoid cruise lines and foreign travel to “high-risk” destinations.
That leaves European and domestic travel and as airlines have taken a hit lately, I chose that industry to sort through for just the right bargain.
JetBlue Airways Corporation (NASDAQ:JBLU), Deutsche Lufthansa AG (ADR) (OTC:DLAKY) and Air France - KLM (ADR) (OTC:AFLYY) look to be ready to bounce, but not as high as these two airline stocks…
Cleared for takeoff
On the domestic front, AirTran Holdings Inc. (NYSE:AAI) has felt the recession like other airlines. It announced
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