RACE - Jim Cramer: Stay Away From This Major Airline Stock 'People Should Understand Airlines Are Trades' | Benzinga
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended to stay away from Delta Air Lines, Inc. (NYSE: DAL). "People should understand airlines are trades," he noted.
Delta Air recently reported a fourth-quarter FY23 operating revenue growth of 5.9% year-over-year to $14.22 billion and adjusted operating revenue of $13.66 billion (+11.1% Y/Y), beating the consensus of $13.52 billion. Adjusted EPS was $1.28 above the consensus of $1.17.
Cramer said Fluor Corporation (NYSE: FLR) has missed the quarter ...