Canadian investment analysts place Air Canada stock in the "speculative" category, meaning the company is an investment that comes with high risk but could have a huge payoff. "It's not often that I will be kind of pounding the table for an airline as an investment opportunity, but there are times when that investment opportunity can make some very attractive upside returns and this, we believe, is one of those times," said Walter Spracklin of RBC Dominion Securities, one of Canada's biggest banks.

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