7 Airline Stocks to Buy on the Dip
Summer is heating up, and families across the globe will be looking to pack their bags for a well-deserved vacation. Since it could be the first full summer travel season since 2019, demand is likely to be significantly higher. Hence, it might be a great time to load up on the top airline stocks to buy on the dip to take advantage of the rising demand. However, after two arduous years of battling the pandemic-led headwinds, airliners face another behemoth in inflation. Gasoline prices are skyrocketing, putting immense pressure on most businesses’ bottom lines. 7 Cheap Stocks That Are Trading at a Discount Nevertheless, people still need to fly, and airline stocks will likely thrive over the long term. Recent upgrades show this to second-quarter sales projections by most airliners. DAL Delta Air Lines $31.79 LUV Southwest Airlines $40.62 ATSG Air Transport Services Group $29.19 CPA COPA Holdings $64.25 ALGT Allegiant Air $117.3 ALK Alaska Air Group $42.59 RYAAY Ryanair $71.91 Delta Air Lines ( DAL ) Source: EQRoy | Shutterstock.com Like its peers, Delta Air Lines (NYSE: DAL ) faces a tough business environment with rising oil prices and staffing troubles.
7 Airline Stocks to Buy on the Dip
Summer is heating up, and families across the globe will be looking to pack their bags for a well-deserved vacation. Since it could be the first full summer travel season since 2019, demand is likely to be significantly higher. Hence, it might be a great time to load up on the top airline stocks to buy on the dip to take advantage of the rising demand. However, after two arduous years of battling the pandemic-led headwinds, airliners face another behemoth in inflation. Gasoline prices are skyrocketing, putting immense pressure on most businesses’ bottom lines. 7 Cheap Stocks That Are Trading at a Discount Nevertheless, people still need to fly, and airline stocks will likely thrive over the long term. Recent upgrades show this to second-quarter sales projections by most airliners. DAL Delta Air Lines $31.79 LUV Southwest Airlines $40.62 ATSG Air Transport Services Group $29.19 CPA COPA Holdings $64.25 ALGT Allegiant Air $117.3 ALK Alaska Air Group $42.59 RYAAY Ryanair $71.91 Delta Air Lines ( DAL ) Source: EQRoy | Shutterstock.com Like its peers, Delta Air Lines (NYSE: DAL ) faces a tough business environment with rising oil prices and staffing troubles.