Delta Air Lines Stock Can Fly Higher
Delta(DAL) Seeking Alpha·2024-04-10 19:08
Robert Buchel/iStock Editorial via Getty ImagesIn October 2023, I covered Delta Air Lines stock (NYSE:DAL) after the company had shed roughly 25% of its market cap amidst rising oil and labor costs. I did, however, put a buy rating on the stock and that seems to have paid off rather well for those who invested as DAL stock gained 31.6% compared to a 21.4% gain for the broader markets. It puts the volatility in airline stocks on display rather well, but also shows that there's significant upside in some ...