(C) Reuters. 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.
American Airlines vs. United: Which Airline Stock Is a Better Investment?
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