You may have to dump Airline stocks

Market Minute: Grounded

What Happened: The five major US airlines reported a combined loss of more than
$1 billion last quarter.

What It Means: Rising fuel costs are hitting airlines hard. The numbers would
have been worse had the airlines not seen a 12% increase in revenues.

Why It Matters: Consumers have already been hit with airfare increases seven
times this year Airlines can only raise fares so much before demand drops, and
revenues along with it. The airlines are walking a tight rope. History says they
will fall off.

Recommended Action: If for any reason you own stock in any airlines, dump them.
They pay no dividends, so you have no income. They offer no growth opportunity
either, so you can't count on price appreciation. It's a lose-lose situation for
investors.
Extracted from Early to Rise-Investors' Edition