Airline stocks? Hold Longterm?
What is everyones take on airline stocks right now?
Think it is worth to hold longterm? With the restrictions easing worldwide, I believe the profits will start to come back in the next quarters. I think it might be a good time to get in at these low prices for the long term. Thanks!
$American Airlines (AAL.US)$
Think it is worth to hold longterm? With the restrictions easing worldwide, I believe the profits will start to come back in the next quarters. I think it might be a good time to get in at these low prices for the long term. Thanks!
$American Airlines (AAL.US)$
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102772328 : Agree
Adolphn OP 102772328 :
70741784 : Agree, now is to take advantage of some negative news to suppress it, after the benefit is good, has been pulled up again
70741784 : It seems that because the supply of flights falls short of demand and there is a shortage of manpower, many flights are cancelled, so some summer routes are simply cancelled, because the system cannot handle it, and the manpower cannot be deployed at all. Instead of being forced to cancel and affect other people's itinerary, it is better to suspend the entire route now, wait for sufficient manpower, and then reopen, we can see that the demand for aviation is very high, and many people go to visit relatives, not for tourism.
Ankur Tiwari 70741784 : it will go up again
Ankur Tiwari 70741784 : i don’t dare to wander around casually
now due to the COVID-19
whqqq : agree You can also consider Singapore Airlines
friendly Rabbit_4802 : I think u may just be onto something here man...
Securing Franks 1 : I also share the same sentiments