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Stocks rally despite hot inflationBitcoin and gold flirt with highs, stocks fadeS&P hits another high, earnings hits and missesThis summary was created by AI, based on 5 opinions in the last 12 months.
Experts have varying opinions on American Airlines Group (AAL-Q). While some see potential for growth due to pent up traveler demand and strong earnings, others caution against high fuel costs and prefer other airlines like Delta. The travel industry is recovering after the Covid-19 pandemic, but there are concerns around sales and profit expectations. Overall, opinions are mixed with some optimism and caution towards AAL-Q.
He can't recommend the airlines now. Fuel costs are too high.
He prefers Delta, but he likes airlines, a business which is in flux. AAL shares are not expensive.
Travel industry recovering after Covid-19 pandemic.
Sales stronger than the past few years.
Would wait to buy shares in October.
Seasonality - not a great time to buy shares.
Not worried, because AA actually increased their estimates last month. The problem is that street's estimates got ahead of itself.
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.
American Airlines Group is a American stock, trading under the symbol AAL-Q on the NASDAQ (AAL). It is usually referred to as NASDAQ:AAL or AAL-Q
In the last year, 3 stock analysts published opinions about AAL-Q. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for American Airlines Group.
American Airlines Group was recommended as a Top Pick by on . Read the latest stock experts ratings for American Airlines Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered American Airlines Group In the last year. It is a trending stock that is worth watching.
On 2024-03-28, American Airlines Group (AAL-Q) stock closed at a price of $15.335.
Pent up traveler demand allowed AAL recently reported earnings to almost quadruple expectations - topping expectations for six consecutive quarters. It trades at 12x and cash reserves are growing again as debt is aggressively retired. We recommend setting a stop-loss at $13, looking to achieve $17 -- upside potential of 21%. Yield 0%
(Analysts’ price target is $16.93)