2 Airline Stocks to Buy for a Post Coronavirus Rebound
SKYW – The aviation sector has been recovering gradually from COVID-19-pandemic-led business disruption thanks to accelerated mass vaccinations and rising consumer spending. With increasing demand for leisure travel, SkyWest (SKYW) and Mesa Air Group (MESA) are expected to generate big returns in the near- to mid-term. Let’s look closer.
Apr 7, 2021
The airline industry suffered a severe blow last year as air travel practically came to a halt at the beginning of the COVID-19 pandemic. However, thanks to an accelerating pace of vaccinations and $1,400 federal recovery checks that have been disbursed to countless U.S. households, the demand for leisure travel is on the rise.
Starbucks reached a 52-week and all-time high of $112.54 Tuesday morning.
American Airlines Group Inc (NASDAQ: AAL) shares are trading higher by around 1% after Morgan Stanley initiates coverage with an Underweight rating and price target of $20.
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The U.S. Centers for Disease Control and Prevention (CDC) has disagreed with the agency’s director, Rochelle Walensky, who asserted that people vaccinated against COVID-19 don’t spread the infection.
“Dr. Walensky spoke broadly,” a CDC spokesperson told the New York Times. “It’s possible that some people who are fully vaccinated could get COVID-19. The evidence isn’t clear whether they can spread the virus to others.”
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