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Delta Air Lines Inc (DAL-N) opinion on 2018-07-10

Last Price Recorded: 59.6100 on 2018-09-22

ON STOCKCHASE SINCE Feb 2004

Transportation
Transportation
BUY

Barry Schwartz
Delta Air Lines Inc was $50.600 at time of opinion
Owned : Unknown

Is this time different for airlines? They've consolidated and they say they won't fight each other about capacity this time. Delta and the others look pretty good now. But rising oil prices forced Delta to issue guidance to limit expectations. This is trading at 8.5x earnings. He thinks this time is indeed different for the airlines. Delta generates a lot of money from its credit cards (air miles). Good dividend and they're buying back stock.

UNKNOWN

All opinions for DAL-N (31)

5 BUY
5 COMMENT
10 DON'T BUY
3 HOLD
3 PAST TOP PICK
5 TOP PICK
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All opinions for DAL-N (31)

5 BUY
5 COMMENT
10 DON'T BUY
3 HOLD
3 PAST TOP PICK
5 TOP PICK
View All

More experts covering DAL-N

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Add DAL-N to Watch List

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1 Comment

sherlockthegreat21@gmail.com

July 10th 2018 at 10:54pm

The stock closed above 10-Day EMA of 50.42. Now going forward the stock is expected to face resistance at $51.5-$52.


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