Southwest Airlines
LUV
7 Followers
23 January
Upcoming Earnings
Market Cap.
P/E
LUV Fair Price
$11.37
Undervalued by 5.5%
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My Notes
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Travel recovers in the United States after covid slump
On average, more than 2.5 million passengers traveled on U.S. airlines daily last week, the most since August 2019.
I myself was under the mistaken impression that travel had still not returned to pre-Covid levels. Even the situation in Europe is slowly approaching 2019.
Yet airline stocks are still low.($LUV, $AAL)
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I bought$DAL and $AAL right away in covid and they are one of my most profitable positions so far :) and I am also thinking of buying more... I don't see why they shouldn't go back to at least pre-covid numbers... it just takes time...