American Airlines GroupAALDON'T BUYApr 14, 2025Stock price when the opinion was issued
As of May 29, 2026. Market Open.
Bank of America reports there's an 8% increase in travel vs. 2019 (not 2020 during Covid). This trend will benefit American Airlines and Delta (his favourite airline), especially when international travel returns. True, shares have run up, but he feels there's still plenty of runway left.
It's moved up too much and had to do an equity raise. Doesn't know how much money they're losing. Buy Boeing instead.
An $11 stock, but he prefers LUV because it doesn't lose money and has a better long-term outlook.
The price has returned to the Covid era. People don't like the stock. Prefers Delta. Airlines are at best trading stocks.