Airlines like Delta (DAL) have had a rough time of things for the last couple years. After going from completely shut down, to partially reopened, to reopened but with people still hesitant to travel, the earnings reports have been a disaster. Delta recently posted its own earnings report that turned out better than expected. It issued a few caveats along with it. The combination of massive uncertainty in the travel sector and inflationary pressures leaves me bearish on Delta. (See Insiders’ Hot Stocks on TipRanks) After leading off the year with closing prices under $40 per share, Delta was on the verge of a renaissance with February's arrival.
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Delta Air Lines (NYSE:DAL)
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Delta Air Lines (NYSE:DAL)
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