2 ‘Strong Buy’ Airline Stocks to Watch Ahead of Earnings

SourceYahoo News
SectorFinancial Markets
CountryQatar

Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.TipRanksJuly 22, 2021, 2:59 AM·6 min readIn this article: Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.

We’re into the Q2 earnings season, and investors are paying attention. There are high hopes for a blowout earnings season, with results skewing sharply above expectations – such an outcome would be right in line with results from the past several quarters, which had an average positive surprise of 18%.

So far, the early reporters are bearing out the positive vibes. For investors, it’s a heady time, as the economic rebound from the pandemic crisis has pushed earnings results well above historic norms.

That’s the background.

Now let’s get into some specifics. Cowen’s Helane Becker is taking a look at the airline industry, and for the air travel sector as a whole, Becker sees some important headwinds. International travel has not recovered, and still faces low demand, government restrictions, and COVID regulations. Fuel...read more...