Loading...
Loading...
CNBC Fast Money's Brian Kelly
said on the show that the viewers should stay away from
Delta Air LinesDAL after it dropped 5.16 percent on Wednesday. He explained that higher fuel costs and lower margins are the reasons behind his decision. The stock had a tremendous run and traders who were lucky enough to participate should take profits, thinks Kelly.
Pete Najarian is bullish because
Delta has pricing power and its valuation is still reasonable.
Guy Adami agrees with Najarian and he thinks that the airlines stocks should be bought on pull back. He likes
JetBlue Airways CorporationJBLU but he thinks that the whole space is going higher.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in