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Air Canada (TSX:AC) Momentum Returns: Is $50 the Next Destination? More on: Image source: Getty Images. Air Canada (TSX:AC) stock has surged more than 3%, surpassing the $27 mark. This is the first time since the government bailout on April 12 that the stock has crossed $27. This shows that investors are past the 6% equity dilution the bailout brings and are now hoping for a brighter future. The news that helped Air Canada break the growth barrier was the airline’s return to North Bay, Ontario. Does AC stock have the potential to reach $50 by May 2020?  Air Canada mom...

Will Spring Come for Air Canada (TSX:AC) in September? More on: Image source: Getty Images Air Canada(TSX:AC) stock has reached a plateau after the government bailout in early April. This has made investors anxious about whether the stock has lost its momentum. But a two-month of little activity is too little a time to give up on the momentum stock. The bailout has protected Air Canada from bankruptcy, thus removing the fear of the stock falling back to the $20 price. Now, you have to wait for the spring, which will most likely come in September for AC.