Ale's World of StocksPublished 2026-09-13
“Amazon is Quietly Buying This Small Airline Stock for The Future!”
$ALGTBullish
ALGT is a potential value play with strong growth prospects and strategic Amazon backing, but carries risks from high input costs and integration challenges; speaker is monitoring for entry.
Well, this most recent quarter, it actually showed that Amazon added a brand new holding to their portfolio, which surprisingly was actually a not so well-known airline called Allegent Travel Company. ticker symbol ALGT,
which if we look at that filing from Amazon, it was revealed that they now own close to $150,000 shares as a brand new pickup last quarter and is currently valued at over $17.5 million.