The creator mentions previously owning Carnival stock and experiencing headaches and losses, indicating a negative past experience with the investment.
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Amazon is Quietly Buying This Small Airline Stock for The Future!
Sep 13, 2026
The creator discusses Amazon's recent acquisition of Allegiant Travel Company (ALGT) shares, noting that Amazon is currently down over 20% on this position. The video delves into the reasons behind this investment, including Allegiant's acquisition of Sun Country Airlines and its significant cargo operations with Amazon Prime Air, as well as its private charter business for clients like Major League Soccer. The creator questions whether ALGT is a worthwhile investment for individual investors, considering Amazon's backing and the stock's current depressed price.
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Amazon recently acquired a significant stake in Allegiant Travel Company (ALGT), but the stock is currently down over 20%, raising questions about its investment potential despite Amazon's backing.
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