The world is still full of uncertainty with the fears of further lockdowns, fuel shortages and travellers actually choosing staycations in their own country.
The smart investor and trader will see huge long term potential and hold during any downturns, without knowing exactly when they will go back to pre-covid levels and reach new ATH’s. Traders are getting in and out daily/short term with both buying and selling these stocks to ride the wave depending on the news. Here are our 3 US airline stocks you need to trade (after some serious research):
American Airlines (AAL)
American Airlines are the worlds largest airline in the world when measured in fleet size, passengers and revenue per mile. It also boasts having the first female pilot and the largest rewards program in the industry.Pre Covid the stock was trading at over $53 and hit lows once the pandemic was in full swing of $9.7. As of today (October 13th) the stock is trading at $20.29 with fluctuation of up to 10% on given days.
Looking at this stock over the long run it should never be valued at anything under $29 which means we have over 40% growth to look forward to if the world does continue to get back to normal. Potential lows could see it hit its most common resistance level of $18 which is a 10% loss from its current value.
The downside of this stock is certainly not bad with the upside being able to provide huge growth on any investment.
We suggest following the news, try to buy when it hits daily downturns and holding onto this through any more dark times that can occur.
Delta Air Lines (DAL)
As one of the major airlines of the United States, Delta has also struggled during the pandemic but have been making one of the sharpest rises back to pre-covid levels vs other airlines. This is due to them being most widely known for their superior customer service and ease of booking and cancelling of customers flights (upon request)Trading at $43.34 per share (October 13th pre-market with an all-time high of $55.9 and Covid lows of $22.64 there is still a lot of room for large downturns and equally as large upturns.
If the US allows state to state travel to continue this is a stock that should no longer tumble but continue to slowly rise to new all-time highs.
Southwest Airlines Co (LUV)
If you want to see a terrifying stock chart Southwest Airlines Co (LUV) provides that. Huge swings, massive downturns and large peaks but a stock that over the long run has done nothing but go up. All time highs of $65.91, Covid lows of $23.87 and a current value of $52.18.This is a stock that will likely continue to fly upwards over the long turn but we should warn you that this is the highest risk stock when it comes to bad news. Your potential losses are of 50%+ with your upside (if it hit ATH) of just 30%.
