DAL - Delta Air Lines Slumps: Time to Buy or Sell Airline Stocks?
2024-01-19 05:11:00 ET
Delta Air Lines (NYSE: DAL) and other airlines are giving investors a classic conundrum in 2024. Do you buy a stock that seems to have excellent long-term value but has a significant amount of near-term risk?
For the budding Warren Buffetts of the investing world, the answer is usually "yes." But Buffett isn't the majority of investors, and many will balk at buying in. Here's what you need to know before purchasing.
There's no point tiptoeing around the elephant in the room. Delta's stock declined by nearly 10% on the day of its fourth-quarter earnings report, and peers like United Airlines and American Airlines declined a similar amount in sympathy.
For further details see:
Delta Air Lines Slumps: Time to Buy or Sell Airline Stocks?