Gerry A. Manzari's Long-Term Holding in Southwest Airlines
I see Southwest Airlines as a very good long-term investment that could easily double in the next 3 to 5 years. In 2018 I’ve seen returns well over 20%. Currently I own 550 shares with a market value of $29,396.65.
Southwest Airlines Third Quarter 2018 Results:
- Net Income: $614M
- Operating Income: $796M
- Free Cashflow: $817M
- Cash and Short-Term Investments: $3.8B
Manzari's Largest Stock Buy For December 2018
In December of 2018 I purchased 2,800 shares of PayPal totaling $239,301.06, making it my largest stock buy of the month. I see a lot of opportunity ahead for the company as more people shop online and the number of mobile payment users continue to climb. It has been estimated that this number should reach 1.1 billion by 2021.