Harbor Diversified: Top Pick For 2024 Takeoff

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Summary

  • Harbor Diversified has several catalysts that could generate a 70% return on the stock in 2024.
  • Harbor owns Air Wisconsin, a regional airline partnering with American Airlines on shorter domestic U.S.
  • The company recently repaid all its debt and could generate ~$20m in annualized earnings going forward.
  • Expected fleet upgrades, aggressive stock buybacks, and substantial cash create a favorable setup for future growth at Air Wisconsin.

Airline Industry Rebounds After COVID Pandemic

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Harbor Diversified Inc., (OTCPK:HRBR), owner of regional airline Air Wisconsin, is my top stock pick for 2024 with the potential to deliver returns of 70%. The airline, which flies exclusively for American Airlines Group Inc. (

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A value investor who enjoys finding special situations and underfollowed companies where outsized returns are possible. Fish where the fish are biting and where the others don't fish.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of HRBR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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