Southwest Stock of the Day

Unbelievably, Southwest Airlines made Stock of the Day over at Barchart, I can't believe it! Southwest is the dearly beloved favorite airline of Essence Music Festival goer's who affectionately call the company Soul Plane. The best things we love about Southwest:

1. Luggage fly free
2. You get one free alcoholic drink
3. It's a cheap round-trip flight from anywhere to New Orleans.
4. The $50 Southwest Giftcard at Amazon, let's you pay little by little for your flight

Now I find out that it's a good stock buy at $33.87. Wow! That's even better! 

Here are the technical and fundamental facts:
Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 18.01% in the last month
• Relative Strength Index 80.02%
• Barchart computes a technical support level at 32.99
• Recently traded at 33.87 with a 50 day moving average of 29.80

Fundamental factors:

• Market Cap $23.43 billion
• P/E 21.69
• Dividend yield .71%
• Revenue expected to grow 4.70% this year and another 5.60% next year
• Earnings estimated to increase 59.80% this year, an additional 17.90% next year and continue to increase at annual rate of 31.80% for the next 5 years
• Wall Street analysts issued 6 strong buy, 5 buy, 5 hold and 2 under perform recommendation on the stock

I love flying Southwest!