Fast Money Traders Share Their Views On Delta Air Lines, Inc.
He explained that higher fuel costs and lower margins are the reasons behind his decision. The stock had a tremendous run and traders who were lucky enough to participate should take profits, thinks Kelly.
Pete Najarian is bullish because Delta has pricing power and its valuation is still reasonable.
Guy Adami agrees with Najarian and he thinks that the airlines stocks should be bought on pull back. He likes JetBlue Airways Corporation (NASDAQ: JBLU), but he thinks that the whole space is going higher.
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