The issue for airline stocks like American Airlines Group Inc (NASDAQ:AAL) is whether investors really can trust the sector — at all. The fact that American Airlines shares trade at just 6x forward EPS estimates shows that the market still has quite a bit of skepticism. But a strong run in AAL stock following its 2014 bankruptcy exit shows that there is money to be made in the sector…....More>>>
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24/7 Wall St. has put together a preview of the major companies scheduled to report their quarterly results this coming week. The broad markets closed out last week with the Dow and S&P 500 holding near all-time highs. However, the Nasdaq has fallen off but could stand to make a handy recovery. A strong earnings showing from these stocks could help the markets reach even higher highs.
The performance of Exxon Mobil Corporation (NYSE:XOM) stock over the past decade appears rather unimpressive. Over the past ten years, including dividends, XOM stock has returned 49% — total. That’s an average return of just 4% per year, well below the S&P 500. Over the past five years, the news is even worse. Exxon Mobil stock has declined over that period. Including....More>>>
For many years, low-cost carriers have had trouble getting slots at Mexico City’s congested airport. Thus, when Delta Air Lines (NYSE:DAL) recently decided to pursue a joint venture with top Mexican airline Aeromexico, regulators at the Department of Transportation (DOT) demanded concessions that would improve competition in Mexico City.
To meet this condition, Delta and Aeromexico....More>>>