Delta Air Lines (DAL) is a Great Momentum Stock: Should You Buy?

Company Overview - Delta Air Lines (DAL) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - Over the past week, DAL shares have increased by 13.47%, while the Zacks Transportation - Airline industry has remained flat [6] - In the last month, DAL's price change is 9.01%, significantly outperforming the industry's 0.98% [6] - Over the past quarter, DAL shares have risen by 20.97%, and over the last year, they have increased by 76.92%, compared to the S&P 500's performance of 0% and 23.73%, respectively [7] Trading Volume - DAL's average 20-day trading volume is 7,763,751 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, 8 earnings estimates for DAL have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $7.15 to $7.55 [10] - For the next fiscal year, 5 estimates have moved upwards, with 1 downward revision during the same period [10] Conclusion - Considering the strong performance metrics and positive earnings outlook, DAL is recommended as a solid momentum pick with a Momentum Score of A [12]