Avery Schumer
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Avery Schumer in Sector Report,

Delta Air Lines Leads The Pack

Delta Air Lines, IncDAL leads its peers in myriad ways in a highly commodified sector long considered “cheap,” which makes buying it a good bet, Barclays analyst Brandon R. Oglenski said in initiating coverage of the airline with an Overweight rating.

“Leading is no easy task; as such we give Delta tremendous credit. A culture driven by respect for customers and employees blended with shrewd capital management has transformed Delta into one of the largest, safest and most profitable airlines in the world.” he wrote in a note. Read more

Looks like there is no more downside potential. A sideways movement or consolidation is possible.