I own a significant portion of my portfolio in delta and southwest stock. I've held $DAL for years now and am up 240% since purchase. United is lowering prices on flights, which the possibility of igniting another airline price war (Bloomberg article but I'm at work). The airline industry is in a correction right now, down around 15% from highs.
What do you guys think?
I'm leaning towards taking my gains and avoiding further earnings compression, geopolitical risks arising, and frothiness of the market.
I know DAL in particular has a good outperform rating from 60-70, but am a wondering if that's happening.
Submitted August 29, 2017 at 03:23PM by AlphaQ69 http://ift.tt/2wGJAoM
