Delta Air Lines, Inc. (DAL): A Bull Case Theory

We came across a bullish thesis on Delta Air Lines, Inc. (DAL) on WallStreetBets subreddit page by   jaunty_quant. In this article, we will summarize the bulls’ thesis on DAL. DAL Technologies, Inc. share was trading at $50.79 as of Sept 30th. DAL’s trailing and forward P/E were 7.29 and 6.94 respectively according to Yahoo Finance.

[caption id="attachment_1232070" align="aligncenter" width="768"] A row of commercial airplanes on a runway, their engines running and ready for takeoff.[/caption]

Delta Airlines is a major player in the airline industry, which faces challenges...