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Delta Air Lines (DAL) Stock Analysis: Will Delta Stock Go Lower?
Bottoming in May of 2020 at $20 and bouncing up to 2019 prices earlier this year $52, Delta Air Lines (#DAL) stock has been somewhat of a come back story. The airline company has an all time high of $63 and many investors want to know if a travel boom will send the stock flying back to highs.
Earlier this week #Delta reported Q2 earnings and topped analyst expectations. To top it off, CEO Ed Bastian states that, “Domestic leisure travel is fully recovered to 2019 levels and there are encouraging signs of improvement in business and international travel."
In regards to the pandemic, the worst appears to be over for Delta. They posted a profitable June month and are planning on adding 27 planes to its fleet as demand picks up.
Should investors be buying the Delta dip?
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By Financial MoversBottoming in May of 2020 at $20 and bouncing up to 2019 prices earlier this year $52, Delta Air Lines (#DAL) stock has been somewhat of a come back story. The airline company has an all time high of $63 and many investors want to know if a travel boom will send the stock flying back to highs.
Earlier this week #Delta reported Q2 earnings and topped analyst expectations. To top it off, CEO Ed Bastian states that, “Domestic leisure travel is fully recovered to 2019 levels and there are encouraging signs of improvement in business and international travel."
In regards to the pandemic, the worst appears to be over for Delta. They posted a profitable June month and are planning on adding 27 planes to its fleet as demand picks up.
Should investors be buying the Delta dip?