Thursday, August 7, 2014

Incredible Takeaways From Delta Air Lines Earnings


Summary

  • Travel fears with limited long-term impact have hit airline shares.
  • Operating margins, new airplanes, and refinery success provide Delta Air Lines with an attractive stock price.
  • Investors should continue holding Delta stock until it reaches a market multiple.
When reviewing the stock gains of Delta Air Lines (NYSE:DAL) over the last two years, one probably questions whether it is too late to invest in this airline or the sector in general. The stock has seen phenomenal gains, yet it still trades at an appalling low multiple of earnings. The recently reported second-quarter earnings were chock full of numbers that suggest the stock has a much longer runway for improving the bottom line.

Read the full article at Seeking Alpha.


Disclosure: Long AAL. Please review the disclaimer page for more details. 



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