Tag: DAL

  • Here’s Why Airline Stocks are Taking Off

    Here’s Why Airline Stocks are Taking Off

    Airline stocks are taking off. That’s thanks in part to Delta (DAL), which just raised its earnings guidance for the June quarter, and for the full year. For the quarter, DAL now expects to post EPS of $2.25 to $2.50.  That’s higher than the previously forecast range of $2 to $2.25. All as the summer…

  • Delta Air Lines Stock is a Bargain Here

    Delta Air Lines Stock is a Bargain Here

    Keep an eye on Delta Air Lines (DAL). After gapping from about $40 to about $28, the stock appears to have bottomed out.  From a current price of $31.75, we’d like to see it refill that bearish gap initially. Even Citi analyst Stephen Trent appears bullish on the stock. He notes the pullback went a…