United Airlines: About To Shock The Market
United(UAL) Seeking Alpha·2024-06-28 05:57
CHUYN Not even a month ago, United Airlines Holdings, Inc. (NASDAQ:UAL) confirmed strong guidance for Q2, yet the stock has slumped to recent lows. The airline confidently guided to a $10 EPS for the year, reminiscent of the guidance from cruise line Royal Caribbean Cruises Ltd. (RCL), but the stocks have traded in opposite directions. My investment thesis remains ultra-Bullish on the airline due to the deep valuation and market disconnect. Source: Finviz Next Leg Up The airlines had a monster 2023 a ...