Southwest airline is the world’s
largest low cost carrier. The company was established in 1967 in US and is
headquartered in Texas, United States. Southwest Airline is one of the biggest
Airline Corporations in the world with over 3500 flight routes daily and a
market capitalization of over $16 Billion. The company is ranked 5th
in the airline corporations rankings and long term investment and financial
soundness ranking of 2nd both in the global airline industry. The
company is publically traded on New York Stock Exchange (NYSE) and currently Southwest airlines stock price is at
$23. The company is traded on New York Stock Exchange with the ticker symbol.
The company has done well in the previous years apart from double digits annual
return to its investors the company has shown a potential for growth in the
Airline industry. Southwest Airline
stock has been recommended by most of the analysts as a BUY stance not only
due to the fact that the company has posted very good growing profits for the
recent quarter but also that the company has shown a promising growth in the
past and with the strategic plans like expanding more into Asian markets means
that the company is financially sound and is about to invest in regions where
the company did not have a foothold and these will top up the revenues from the
areas where the company operates already.
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