When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CEA - China Eastern Airlines: Now Would Be A Good Time To Buy
China Eastern Airlines Corporation Ltd.
Investment Thesis
Despite the negative shock from the coronavirus outbreak, we are optimistic about China Eastern Airlines (NYSE: CEA). We believe the demand will rebound after Q1 2020, and the financial support from the government will help the company live through the tough situation. We believe the company will benefit from the market concentration brought by the epidemic and China's long-term growth in civil aviation. The market dip provides an opportunity to buy.
An Assessment of The Coronavirus Impact
The coronavirus outbreak during the Spring Festival and 31 provinces/cities in China took drastic traffic