Long
Bullish call activity in Spirit Airlines
Spirit Airlines (SAVE) is bouncing from 50 RSI today and getting unusually bullish call option activity. With a P/E under 8 and the earnings outlook starting to turn upward, the discount airline looks like a great value at the current price. If the earnings picture continues to improve, we ought to see $55 per share in 2020.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.