Is Hawaiian Holdings, Inc. (NASDAQ:HA) a Stock To Hold For The Long Haul?

Hawaiian Holdings, Inc. (NASDAQ:HA) has been recommended as a long term growth pick according to Beta Research.  With their stock price currently trading around $26.49, the firm has proven a solid track record of growth over the past few years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 35.40% earnings per share growth over the past 5 years and 5.60% revenue growth over that same time frame. 

Most experienced traders understand how unpredictable the market can be. The market is its own kind of beast that does not care whether the trader makes money or not. Because there are so many different possible trading strategies to use, it can be extremely tough to find one that works. There may be times when traders become overwhelmed with the craziness of daily market action. Wandering through turbulent market climates may require increased discipline and patience. It can be highly tempting for traders to jump into a position based on can’t miss stock tips. Having the patience to make quality, informed trades, may end up helping the trader immensely.

Recent Performance

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Hawaiian Holdings, Inc. (NASDAQ:HA)’s stock was 0.61%.  Over the last week of the month, it was 2.67%, -9.32% over the last quarter, and  -31.34% for the past six months. 

Over the past 50 days, Hawaiian Holdings, Inc.’s stock is -22.43% off of the high and 5.83% removed from the low.  Their 52-Week High and Low are as follows: -40.14% (High), 6.77%, (Low). 

Analyst Recommendation

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $31.64 on the equity.   Analysts have a consensus recommendation of 2.90 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

Even with the stock market still riding high, investors may be looking for some bargain stocks to add to the portfolio. Although nobody can say for certain if stocks will continue to climb the ladder, investors may be preparing for the temporary dips in order to get into some positions at more reasonable prices. Always being prepared can help make the tough decisions a bit easier to stomach when the time comes. Coming at the stock market from multiple angles may help investors spot some future winners. 

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