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Is Now The Time To Buy Stock In Boeing, AMC, Alibaba Or American Airlines?

Benzinga2021-03-15

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.

Here’s the latest news and updates for Boeing, AMC, Alibaba and airline stocks.

Boeing Co (NYSE: BA) shares were trading higher Friday on reports that 777 Partners purchased 24 737 MAX airplanes. The stock may also be gaining amid reopening optimism, which has been a positive catalyst for air travel stocks.

AMC Entertainment Holdings Inc (NYSE: AMC) shares were trading higher Friday after the company in its 10-K said it estimates it can fund operations to satisfy rent and capital expenditure obligations.

According to a press release issued by AMC in Friday's after-hours session, two of its flagship locations in Los Angeles, AMC Burbank 16 and AMC Century City 15, will reopen on Monday afternoon, March 15.

AMC is planning to open all its remaining 23 movie theaters in Los Angeles County beginning on March 19.

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares were trading lower Friday amid reports that the CEO of affiliate Ant Group is resigning. Chinese stocks overall were lower for the session, potentially amid valuation concerns and a rise in US bond yields.

Traders and investors in airline stocks like American Airlines Group Inc (NASDAQ: AAL), United Airlines Holdings Inc (NASDAQ: AAL) and Delta Air Lines, Inc. (NYSE: DAL) should note a milestone noted in data from the Transportation Security Administration yesterday. According to the TSA, 1.357 million airport passengers were screened Friday, the highest number of passengers screened since March 15, 2020, as COVID-19 lockdowns took hold across the country.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment23

  • HanSolo
    ·2021-03-15
    Buy alibaba
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  • KW1
    ·2021-03-15
    Time to buy
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  • etchew
    ·2021-03-15
    buy when down.
    Reply
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    • GTig
      agreed
      2021-03-15
      Reply
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  • UNCLEUNCLE
    ·2021-03-15
    I see
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  • Sitiramlah87
    ·2021-03-15
    Alibabab
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  • Chinleong
    ·2021-03-15
    It is opportunity to buy Baba as it has strongfundamental for value investing
    Reply
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  • Ichua
    ·2021-03-15
    Baba!
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  • Angsana
    ·2021-03-15
    Alibaba HK stock huat
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    • Angsana
      yeah
      2021-03-16
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    • Ichua
      I also say
      2021-03-15
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  • Zarkness
    ·2021-03-15
    Hi pls respond to me . Hehe
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  • TJKE
    ·2021-03-15
    Please like and comment, thanks
    Reply
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    • Zarkness
      Good
      2021-03-15
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  • TizzyT
    ·2021-03-15
    .
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  • siliangg
    ·2021-03-15
    Like and comment pls
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  • Blurryw
    ·2021-03-15
    Alibaba - please like and comment
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    • siliangg
      commented!
      2021-03-15
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  • Blurryw
    ·2021-03-15
    Alibaba - please like and comment
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    • TeoChyeHeng
      wait for the fine first should hit rock bottom then
      2021-03-15
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    • Muan
      potential fine coming up
      2021-03-15
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  • Bentez
    ·2021-03-15
    Hi please like my comment thank you!
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  • Lailailai
    ·2021-03-15
    Hmmm
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    • Lailailai
      Alibab
      2021-03-15
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  • Easonlin
    ·2021-03-15
    Can buy airline stock market coming up
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    • Junyi155272
      Wow
      2021-03-15
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    • njkk
      risky?
      2021-03-15
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  • huathuatking
    ·2021-03-15
    Boeing went up a lot past few days, will wait andsee if it drops back before entering
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  • JaydenSee
    ·2021-03-15
    Pls like and comments, thanks 
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  • Stephen_Ong
    ·2021-03-15
    Buy BA
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