Tim Seymour spoke on CNBC's "Fast Money" about American Airlines Group Inc AAL.
He thinks the airlines sector is trading with a discount to the rest of the market and he believes it's going to trade higher. In the sector, Seymour wants to buy American Airlines. He believes it's going to grow margins based upon revenue growth and cutting costs.
It's trading inline with Delta Air Lines, Inc. DAL and with a discount to United Continental Holdings Inc UAL and Seymour thinks it's going to catch up. He wants to buy the stock.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in