As expected, the turnaround continues to provide GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL) with a path of recovery. However, after 3 consecutive years of losses, the company has still failed to return to profits in the first quarter of 2014. The major risks faced by the company - jet fuel prices and US Dollar/Real exchange rate - continue to prevent the company's potential to translate into positive results. Nevertheless, since I started writing about the company three months ago its share price has risen - albeit with some volatility - from $4.10 to the last closing at $5.58. This denotes a reasonable investor confidence on GOL's growth which has been materialized primarily through corporate and international revenues, key...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|