Widow Makers Airline Stocks Beat the Market by the New Year

Since the beginning of the new year, airline stocks have performed exceptionally well despite the very chaotic condition of the US airspace and travel market. Here is the year-to-date performance of a few well-known airline stocks, along with the Boeing stock and the U.S. Global Jets ETF:

● U.S. Global Jets ETF (JETS): +18.56%
● United Airlines (UAL): +37.53%. Zacks EPS estimation: 2.07. Earning release: 1/17/23.
● American Airlines (AAL): +33.62%. Zacks EPS estimation: 0.60. Earning release: 1/26/23.
● JetBlue Airways (JBLU): +26.40%. Zacks EPS estimation: 0.17. Earning release: 1/26/23.
● Alaska Air (ALK): +18.16%. Zacks EPS Est. 0.88. Earning release: 1/26/23.
● Delta Air Lines (DAL): +16.31%. Reported EPS: 1.48 vs 1.29 estimated.
● Southwest Airlines (LUV): +13.15%. Zacks EPS estimation: 0.25. Earning release: 1/17/23.
● Spirit Airlines (SAVE): +6.83%. Zacks EPS estimation: 0.04. Earning release: 2/6/23.
● Boeing (BA): +10.01%. Zacks EPS estimation: 0.29. Earning release: 1/25/23.
● S&P 500: +4.60%