Why This Might Be A Buying Opportunity For Delta Air Lines

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Jeff Yaede was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here.

 

TraderMinute Founder Jeff Yaede talked about Delta Air Lines, Inc. DAL on the show.


Yaede said that Delta was his favorite among airline stocks and he thought it would be an out-performer versus competitors.


Southwest Airlines Co LUV is expanding into low margin markets where Delta had been pulling out, according to Yaede, which created a buying opportunity for Delta's shares.

 

Yaede added that U.S. airline business had been strong and that growth for the industry would come from international routes.


Delta Air Lines, Inc. recently traded at $43.32, down 0.98 percent.

 

Listen to the show here:


Posted In: ExclusivesTrading IdeasAirlinesIndustrialsJeff YaedeTraderMinute
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