Ali Ahmed
1 min read
In This Article:
JetBlue Airways Corporation (NASDAQ:JBLU) is one of the 11 Best US Stocks to Invest in Under $5. On May 29, Morgan Stanley maintained its “Equal Weight” rating for JetBlue Airways Corporation (NASDAQ:JBLU) with a price target of $8.00.
This decision came after JetBlue Airways Corporation (NASDAQ:JBLU) announced a collaboration with United Airlines called Blue Sky, which aims to link their loyalty programs.
A commercial jetliner at an airport gate with passengers waiting in the background.
This announcement eased worries about a possible merger, which could have brought more risks. Morgan Stanley analysts believe that while both airlines will benefit, JetBlue Airways Corporation (NASDAQ:JBLU) stands to gain more from this collaboration.
The analysts also believe that the Blue Sky partnership won’t face the same regulatory problems that a previous alliance, the Northeast Alliance, encountered because JetBlue Airways Corporation (NASDAQ:JBLU) would have learned from that experience to avoid potential challenges.
JetBlue Airways Corporation (NASDAQ:JBLU) is an American major airline that carries customers to over 100 destinations across the US, Latin America, the Caribbean, Canada, and Europe.
While we acknowledge the potential of JBLU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
