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Alternative stocks to WestJet (TSX:WJA)


These are the alternatives to WestJet that fall within the same industry, Airlines, or region, Canada.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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WestJet stock research in summary

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WestJet stock research analysis by the purely faced based Obermatt method on current and historical performance by investment strategy | WestJet (TSX:WJA), Airlines, Canada


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Country Canada
Industry Airlines
Index
Size class X-Large

Large companies - similar industry as WestJet

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Hub Group (XL, US)  Air Freight & Logistics
1. Hub Group (XL, US)   Air Freight & Logistics 71 52 88 94
2. ArcBest (XL, US)  Trucking
2. ArcBest (XL, US)   Trucking 53 59 90 92
3. FedEx (XXL, US)  Air Freight & Logistics
3. FedEx (XXL, US)   Air Freight & Logistics 82 50 69 89
4. Delta Air Lines (XXL, US)  Airlines
4. Delta Air Lines (XXL, US)   Airlines 73 64 49 85
5. TFI International (XL, CA)  Trucking
5. TFI International (XL, CA)   Trucking 37 80 76 85
6. Old Dominion (XL, US)  Trucking
6. Old Dominion (XL, US)   Trucking 6 84 96 80
7. Ryder System (XL, US)  Trucking
7. Ryder System (XL, US)   Trucking 94 66 16 77
8. United Continental (XXL, US)  Airlines
8. United Continental (XXL, US)   Airlines 82 68 20 76
9. Matson (XL, US)  Marine
9. Matson (XL, US)   Marine 58 30 82 69
10. Alaska Air Group (XL, US)  Airlines
10. Alaska Air Group (XL, US)   Airlines 69 34 63 69

May 16, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as WestJet

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Linamar (XL, CA)  Auto Parts & Equipment
1. Linamar (XL, CA)   Auto Parts & Equipment 84 49 98 100
2. Suncor (XXL, CA)  Oil & Gas Integrated
2. Suncor (XXL, CA)   Oil & Gas Integrated 75 87 78 100
3. West Fraser (XL, CA)  Forest Products
3. West Fraser (XL, CA)   Forest Products 80 85 73 98
4. Celestica (XL, CA)  Electr. Manufacturing Services
4. Celestica (XL, CA)   Electr. Manufacturing Services 83 79 82 98
5. Fairfax (XXL, CA)  Property & Casualty Insurance
5. Fairfax (XXL, CA)   Property & Casualty Insurance 59 75 65 96
6. ATCO (XL, CA)  Multi-Utilities
6. ATCO (XL, CA)   Multi-Utilities 99 17 87 91
7. Manulife Financial (XXL, CA)  Life & Health Insurance
7. Manulife Financial (XXL, CA)   Life & Health Insurance 70 47 100 91
8. Russel Metals (XL, CA)  Trading & Distribution
8. Russel Metals (XL, CA)   Trading & Distribution 96 15 93 90
9. Keyera (XL, CA)  Oil & Gas Transportation
9. Keyera (XL, CA)   Oil & Gas Transportation 66 52 94 89
10. Cenovus (XXL, CA)  Oil & Gas Integrated
10. Cenovus (XXL, CA)   Oil & Gas Integrated 79 45 89 88

May 16, 2024


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Mid sized companies - similar industry as WestJet

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Pangaea Logistics (M, US)  Marine
1. Pangaea Logistics (M, US)   Marine 94 78 86 100
2. Universal Logistics (L, US)  Trucking
2. Universal Logistics (L, US)   Trucking 71 94 63 98
3. Covenant Transportation (L, US)  Trucking
3. Covenant Transportation (L, US)   Trucking 82 74 56 96
4. Marten Transport (L, US)  Trucking
4. Marten Transport (L, US)   Trucking 42 40 92 94
5. Exchange Income (L, CA)  Airlines
5. Exchange Income (L, CA)   Airlines 75 56 67 91
6. Atlas (L, CA)  Marine Ports & Services
6. Atlas (L, CA)   Marine Ports & Services 96 57 23 75
7. Forward Air (L, US)  Air Freight & Logistics
7. Forward Air (L, US)   Air Freight & Logistics 90 28 54 75
8. Allegiant Travel (L, US)  Airlines
8. Allegiant Travel (L, US)   Airlines 92 54 20 73
9. Saia (L, US)  Trucking
9. Saia (L, US)   Trucking 8 76 88 73
10. Kirby (L, US)  Marine
10. Kirby (L, US)   Marine 12 54 98 68

May 16, 2024


Mid sized companies - similar region as WestJet

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Magellan Aerospace (M, CA)  Aerospace & Defense
1. Magellan Aerospace (M, CA)   Aerospace & Defense 100 52 100 100
2. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
2. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 98 50 93 100
3. Lassonde (L, CA)  Packaged Foods & Meats
3. Lassonde (L, CA)   Packaged Foods & Meats 94 73 81 100
4. Paramount (L, CA)  Oil & Gas Production
4. Paramount (L, CA)   Oil & Gas Production 56 95 91 100
5. Onex (L, CA)  Asset Management & Custody
5. Onex (L, CA)   Asset Management & Custody 56 100 82 100
6. Centerra (L, CA)  Gold Production
6. Centerra (L, CA)   Gold Production 92 43 92 98
7. Leon's Furniture (L, CA)  Homefurnishing Retail
7. Leon's Furniture (L, CA)   Homefurnishing Retail 84 50 83 98
8. Peyto (M, CA)  Oil & Gas Production
8. Peyto (M, CA)   Oil & Gas Production 92 91 55 98
9. Jamieson Wellness (M, CA)  Personal Products
9. Jamieson Wellness (M, CA)   Personal Products 91 65 56 95
10. Enghouse Systems (M, CA)  Application Software
10. Enghouse Systems (M, CA)   Application Software 91 26 100 94

May 16, 2024



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