Airlines Delayed

The industry probably hit the hardest is the sector that has taken arguably the longest to recover. Airlines have been patiently waiting for a vaccine and as strides have been made by Moderna ($MRNA) and Pfizer ($PFE), some airlines have risen. The theory and hope is that once a vaccine is officially released, airlines can soar back to the levels they once knew. One airline stock I’m especially high on still is Delta ($DAL), as it still has about $20 of room back to its pre corona level, and this past week they cut costs to avoid furloughs. The avoidance of furloughs will give the stock a positive out look on the short term, and if a vaccine can be released before year-end, expect to see a nice lift off for Delta.

-Darnel Shillingford

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