UAL Stock Forecast: Buy United Airlines Stock While Its Down

The article was written by Jessica Kremer - Analyst at I Know First.

Summary:

  • Airlines are all still struggling to recover from COVID-19, with many investors believing they will not fully rebound until a vaccine is discovered.
  • Despite this, passenger capacity is expected to increase to 25% of its 2019 level in July, compared to 10% available capacity in May and June.
  • Although the company reported an adjusted net loss of $639 million and pre-tax loss of $1.0 billion in Q1, during the month of June the stock has increased, leading me to my buy option.

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UAL Forecast: United’s Stock Soars Following an Excellent Quarter

 

This article was written by Grant Goldstein, a Financial Analyst at I Know First

 

 

Highlights:

  • United's Q2 Shatters Expectations
  • Technical Analysis Shows Mixed Signs
  • I Know First's Bullish UAL Forecast

I Know First.

 

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Quick Win by the Algorithm: UAL Continues To Rise

Quick Win by the Algorithm

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Quick Win