DAL - Here's the Best Airline Stock to Buy for 2024
2024-03-17 11:10:00 ET
I won't sugarcoat this: Traditionally, airlines have not been great investments, at least not for those interested in equities. Still, there's strong reason to believe that won't always be so.
Delta Air Lines (NYSE: DAL) is an excellent example of a stock that can buck the trend and remain the pick of the transportation sector. Here's why the stock is a great value.
With even Warren Buffett having lost money on airline stocks in the past, it makes sense that ordinary investors approach the matter with circumspection. The industry's long-term issue comes down to its inability to generate a return on capital necessary to cover its cost of capital.
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Here's the Best Airline Stock to Buy for 2024