Delta stock (NYSE: DAL) was up 7% on Wednesday, November 6. While the broader markets rallied after the Trump victory, airline stocks at large saw an increased investor interest.
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to discuss why he sees these two stocks breaking out.
Delta Air Lines benefits from its robust expansion and shareholder-friendly initiatives. However, escalated operating expenses are a major concern.
United Airlines has been flying for nearly a century and has grown to be one of the biggest airlines in the world. Its stock is the best-performing of the U.S. airlines so far this year.
Delta Airlines (DAL) is suing cybersecurity company Crowdstrike Inc. (CRWD) over a faulty software update in July that brought its operations to a halt and affected more than a million customers.
United Airlines has been trying to expand its profits by investing heavily in roomier seats and growing a network that will excite high-spending travelers.
United Airlines and Delta Air Lines stock deserves a rerating.
Delta Air Lines Inc DAL isn't just taking its customers to new destinations — it's flying high on the stock charts as well.
Over the past month, industrial stocks have taken off, with the Industrial Select Sector SPDR Fund XLI surging by 6.10%, outpacing the broader S&P 500's 3.72% gain.
The airline's latest news could have been better, but the stock remains at an excellent value on balance.
United Airlines did not mention the cost of July's CrowdStrike IT outage in its earnings report. The incident especially affected Delta, which canceled thousands of flights.
The legacy carrier is on a good run, and shareholders will be hoping strong third-quarter results can help it shake off last week's Delta disappointment.