Delta Air Lines, Inc. (NYSE:DAL) is among Jim Cramer’s latest stock calls as he covered Exxon, Lockheed, and others. Cramer praised the company’s CEO, as he remarked:
Wednesday, before the market opens, Delta reports, and this airline titan has truly distinguished itself as one of the most reliable earners in a very volatile group. Its excellent CEO Ed Bastian helped ignite an airline rally when he discussed his business with Phil LeBeau and spoke about persistent demand. Last night’s speech by the President knocked the airlines down, as you’d expect. A war that goes on until the end of the month will hurt the numbers.
Photo by Artem Podrez on Pexels
Delta Air Lines, Inc. (NYSE:DAL) provides passenger and cargo air transportation. The company operates a large fleet and global network across major hubs and also offers aircraft maintenance, repair, and overhaul services. Cramer mentioned the company during the March 17 episode and commented:
The anomalies are stark. This morning, Ed Bastian, the CEO of Delta Air Lines, came on CNBC. Now, when I saw Phil LeBeau standing next to him, I could see a wrecking ball coming right at the beleaguered airline stocks. You’d think $95 oil would be lethal to the entire industry, right? Turns out Delta’s putting up some incredibly strong numbers, both for regular travel and business travel. It was an extraordinary display of real-world positives clashing with Wall Street negatives, and today, the real world won.
While we acknowledge the potential of DAL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years
Disclosure: None. Follow Insider Monkey on Google News.
