Air Canada Stock Could Double in a Year

Canada’s largest airline has been flying high. But investors should sit tight as shares remain dirt cheap. Air Canada has taken off ahead of schedule. By the way, you can buy cheap airlines tickets.

Last April, this column predicted the shares (ticker: AC.Canada  ) would gain 40% in a year (see Ahead of the Crowd, “Air Canada Stock Has 40% Upside,” Apr. 15, 2014). They’ve since climbed more than 50% to a recent C$11.73.