Stockchase Opinions

Jim Lebenthal UAL Corp UAUA-Q BUY Dec 23, 2024

Though up 139% this year, there's still room to run. The estimates are too long. Sales estimates for 2025 have not budged for the past 9 months. Makes no sense when you look at passenger volumes and increase in ticket prices. Meanwhile, jet fuel prices have fallen. Earnings must go higher than priced in now.

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Stock price when the opinion was issued

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It reports Tuesday. He expects a huge beat, because UAL is benefiting from a lack of competition and planes, lifting ticket prices ever higher. It's one of the best performers of 2024.

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