Good Morning, lets get started

Posted on January 6, 2006 , filed under Stocks | Print This Post

This morning I am looking to purchase 1000 shares of FLWS, 1-800-Flowers.com Inc. at under $6.40. Yesterday I submitted an order to purchase FLWS at $6.34. The stock closed at $6.47. I am also looking to get into JBLU, JetBlue Airways Corporation. There are some concerns over the aging and current maturity of the airline, but I believe any of these concerns are overstated. JetBlue isn’t saddled by the same labor regulations and union rules that hold back other airlines such as AMR, AMR Corporation and CAL, Continental Airlines, Inc. There is also strong speculation and investor interest behind airlines that should propel JBLU upward. I expect the upward trend to reverse in mid 2006, but in the short term, airlines seem to be a good investment. Considering how fast AMR and CAL have risen, I believe that JBLU has more upside potential left. AMR and CAL are both trading near their one year highs. I don’t see much more upside for AMR or CAL. I like JBLU at under $14.

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