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These 3 Airlines Look Bullish Going Into The Week: How To Play them The S&P 500 and the Dow Jones Industrial Average both made new all-time highs last week, but as for individual stocks it’s been a “stock picker s market.” Due to rotation within sectors, traders and investors have watched some of the biggest ETFs soar while their portfolio of stocks sits idle. Finding specific stocks to play bullish or bearish has felt similar to finding a needle in a haystack, especially with tech pulling back from all-time highs over earnings season. The airline sector has yet to take the stage despite a ramp-up in the vaccine rollout and customers returning to the skies for business and travel. Rotation could be set to change this, however. ....
Why American And Delta Airlines Look Clear For Takeoff American Airlines Group Inc (NASDAQ:AAL) and Delta Airlines Inc (NYSE:DAL) look back on track to continue their ascent towards pre-pandemic price levels. On April 22 American Airlines reported an EPS decrease of 63% over the past year to ($4.32), which missed the Street estimate of ($4.30). The company reported revenues of $4 billion, a decrease of 52.93% year over year. Delta Airlines released its earnings on April 15 and showed similar losses. Delta EPS decreased 596% year-over-year to ($3.55), which missed the Street estimate of ($3.13) and revenues of $4.15 billion, a decline of almost 52% year-over-year. The markets are forward-looking and, with the COVID-19 vaccine rollout ramping up, a travel boom could be on the horizon which could help elevate American Airlines and Delta Airlines. ....
American Airlines (AAL), United Continental Holdings (UAL) - Bulls Bought The Dip In American Airlines And United Airlines benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.