Analysis: United Continental sleeper airline sector pick

|About: United Continental Holdin... (UAL)|By:, SA News Editor

United Continental (UAL -1.1%) looks undervalued to Morgan Stanley despite the broad rally in airline stocks over the last year.

The investment firm notes that a sentiment survey on UAL compared to key rival Delta Air Lines shows a higher percentage of investors see more upside in Delta than a year ago.

What to watch: The direction UAL goes with updated guidance in April could be key.