BUY Conviction4/5 Analysis quality75/100 Price target33.5 JetBlue-Spirit merger approved under a new administration
The YouTuber suggests buying Spirit Airlines, whose acquisition by JetBlue was blocked by the Department of Justice. If a new administration is more favorable to mergers, the deal could be revived, offering a massive upside from its current depressed share price to the original offer price, especially given Spirit's need for a buyer.
“If that happens and shares were to get back to even $15 each it would get a $430 35% return from here”