Looking to top the CNBC Portfolio Challenge leader board? The following links will help; Week 10 Final Portfolio, Contest Wrap-up and Thoughts • July 18 Bonus Bucks Answers

Monday Equity Ideas: JBLU, UAUA, CAL, AMR, LCC, NWA, DAL

With the price of crude oil showing signs of cracking, let’s break out the contrarian shopping list of airline stocks with a good mix of a low float and high short interest - an ideal way to trade the drop in oil that could very well be just beginning.

JetBlue Airways Corp. (JBLU) – $3.77
Float 181.1 million, 46.09 million shares short or 21.4% of the float

UAL Corp. (UAUA) - $5.49
Float 124.52 million, 13.56 million shares short or 10.9% of the float

Continental Airlines Inc. (CAL) - $10.28
Float 98.58 million, 19.13 million shares short or 19.4% of the float

AMR Corp. (AMR) - $5.29
Float 248.33 million, 51.74 million shares short or 21.6% of the float

US Airways Group (LCC) - $2.57
Float 91.53 million, 20.88 million shares short or 22.7% of the float

Northwest Airlines Corp. (NWA) - $6.49
Float 209.5 million, 14.84 million shares short or 6.10% of the float

Delta Air Lines Inc. (DAL) - $5.55
Float 289.9 million, 40.45 million shares short or 13.9% of the float

Note: Data taken from Edgar Online

Subscribe to our RSS feed to ensure that you receive the latest word on the street.

Related Articles

• No Related Post

It's that time of year again. CNBC's Million Dollar Portfolio Challenge will be getting underway on Monday, May 12. The tournament is similar in fashion to last year; each contestant receives 1 million CNBC Bucks and can trade stocks with a minimum market cap of $500 million. In addition to 10 pretty cool weekly prizes, there is a grand prize of $500,000 to the lucky contestant who finishes with the highest portfolio return. The only twist to the tournament is that currency trading is now allowed.

We'll be doing a number of things this time around to help with your trading success and so you can have better shot at winning the tournament. Follow the links below to learn more, and good luck!