United Airlines continues to post massive profits in relation to the market cap.
Even at a slower pace, the airline is still repurchasing a large amount of outstanding shares.
The recent rally only brings the stock up to more normal levels from which to launch another rally.
Amazingly, the recent rally in United Airlines (NYSE:UAL) only brings the stock back up to levels from late 2015. In general, the airlines is seen in a better light now after strong results and new CEO Oscar Munoz gains momentum.