Anonymous
Anonymous asked in Business & FinanceInvesting · 2 months ago

Should I invest in the airline industry?  ?

6 Answers

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  • 2 months ago
    Favorite Answer

    That would be smart.  Buy stock in the two good ones - Delta and Southwest.  Both have depressed prices which will go much higher as the new covid vaccines are given.  Delta stands at 66% of its 52 week high.  Thats a huge opportunity to gain 34%.  Most other good stocks have already met or exceeded their 52 week high..  That makes investing in Facebook, Microsoft, Apple and Amazon a bad idea.  One exception is AT&T which is a solid company with a 7.5% dividend.  AT&T stands at 73% of its 52 week high and target price.   That is an easy 27% upside.

  • ?
    Lv 6
    2 months ago

    Nope. Go with tech or electric cars.

  • Anonymous
    2 months ago

    I'm not a fan of airlines stock, but this recent downturn I seen a buying opportunity. I would not be buying anymore at these prices 

  • ?
    Lv 7
    2 months ago

    Sure, most airlines are on the brink of bankruptcy. Sounds like a great investment.

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  • kswck2
    Lv 7
    2 months ago

    One of Warren Buffets big mistakes. Even He said that investing in airlines is like dumping money into a hole. 

  • Anonymous
    2 months ago

    Very high risk. Warren buffett dumped. 

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