American Airlines: Don't Fret Delta's Warning
AALAAG(AAL) Seeking Alpha·2024-07-13 22:00
DaveAlan The airline sector continues to produce massive profits, while the stocks are constantly sold off on any slightly negative news. American Airlines Group Inc. (NASDAQ:AAL) has somehow fallen back to $10 following Delta Air Lines, Inc. (DAL) reporting a quarter where profits were at near record levels, but the market didn't like the outlook. My investment thesis remains ultra-Bullish on American Airlines stock, though the stock and sector continue to struggle to obtain fair valuations by Wall St. ...