Canadian Airlines Still A Good Long-Term Play Even With Pandemic Turbulence?
TD Wealth
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Summary
- David Mau: Now is a great time for long-term investors to look at airline stocks.
- Mau: Valuations for majority of airline stocks are trading 40-50% below pre-Covid.
- Mau: US airlines should return to profitability in 2022.
The COVID-19 pandemic caused airline revenues and share prices to tumble in 2020. But vaccines have people travelling again, despite ongoing concerns over the Delta variant. Anthony Okolie speaks with David Mau, Portfolio Manager, TD Asset Management, about where airline stocks could go from here.
Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
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