STOCK PICK OF THE DAY – July 26, 2020
Articles over the last few days have been about “opportunity stocks,” which are those securities temporarily affected by outside influences that cause them to be underpriced. Investors who grab these stocks sometimes see quicker gains relative the to market as a whole. Airline stocks, for example, have been affected by COVID 19 but they are sure to rise quickly once the development of a vaccine is announced.
One of the strongest companies in the airline sector is Delta Air Lines (DAL – NYSE). It is “too big to fail,” has a customer base of raving fans, and is stronger that some other airlines financially. And, in my opinion it is “on sale.”
DISCLAIMER – The author if this article has an extensive background in finance and investment, but is currently not employed by any bank, brokerage house, investment firm, or publicly owned company. His practice is to fully disclose if any recommended individual stock, bond, ETF, mutual fund, private partnership, private REIT, or annuity is in his financial portfolio.