American Airlines vs. United: Which Airline Stock Is a Better Investment?
StockNews
Published Sep 23, 2021 05:33PM ET
Updated Sep 23, 2021 06:30PM ET
American Airlines vs. United: Which Airline Stock Is a Better Investment?
Airlines stocks could be poised to make a comeback in the next 12-months, especially if the pandemic is brought under control. Which is why today I’m going to take a look at American Airlines (NASDAQ:AAL) and United Airlines (UAL) to see which is the better investment.The airline sector was among the worst hit amid the COVID-19 pandemic. Traveling ground to a halt and airline companies burnt billions of dollars in cash to stay afloat.
Since the onset of the coronavirus, most airline stocks have modestly rebounded from their Spring 2020 lows but the U.S. Global Jets ETF (JETS) is still trading down more than 23% from it’s pre-covid level. This could be an opportune time to take advantage of these cheaper prices, as economies around the world continue to reopen.
Which is why today I’m going to analyze two stocks in the airline industry, American Airlines (AAL) and United Airlines (UAL), to see which is currently a better buy.
Continue reading on StockNews
Get The News You Want
Written By: StockNews
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.