12 Best Robinhood Stocks to Buy Under $20

3. American Airlines Group Inc. (NASDAQ:AAL)

Number of Hedge Fund Holders: 41

American Airlines Group Inc. (NASDAQ:AAL) is a leading holding company primarily engaged in operating a vast network of air transportation services. Through its regional subsidiaries and third-party regional carriers, the company operates under the American Eagle brand, offering scheduled flights for passengers and cargo. Its extensive network spans major U.S. hubs and international gateways, including cities like London, Sydney, and Tokyo.

American Airlines Group Inc. (NASDAQ:AAL) faced a $50 million fine from the U.S. Department of Transportation due to inadequate wheelchair assistance. It has since committed to improving these services with a $175 million investment. In a significant move to bolster its loyalty program, the company secured a 10-year exclusive co-branded credit card agreement with Citi, set to begin in 2026. It is expected to boost revenue and solidify its standing in the competitive loyalty space.

American Airlines Group Inc. (NASDAQ:AAL) delivered strong full-year results for 2024, reporting record revenue of $54.2 billion, up from $53 billion in 2023. Operating cash flow reached $4 billion, while free cash flow hit a record $2.2 billion. The company also reduced its debt by $15 billion, exceeding its goal a year ahead of schedule. Despite operational challenges, including extreme weather, the airline showed resilience, ranking second in completion factor and on-time departures among U.S. carriers.

Andrew Didora of BofA Securities upgraded the stock from “Sell” to “Hold,” raising the price target from $12 to $20, reflecting a potential upside of +25.23%