United Continental Holdings (UAL)
$24.09 1.20 (5.24%)
15:06 EDT UAL Stock Quote Delayed 20 Minutes
Previous Close $22.89
Market Cap -
PE Ratio -
Volume (Avg. Vol.) 27.69M
Day's Range 21.80 - 24.80
52-Week Range 17.80 - 96.03
Dividend & Yield N/A (N/A)
UAL Stock Predictions, Articles, and United Continental Holdings News
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Think of UAL and most of the airline stocks out there this way: nearly everyone says they love to travel, but no one ever says they like to fly. If investors insist on dancing in the airline industry, they'd do well to embrace a quality name, and legacy carriers like UAL haven't done anything to deserve that label.
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United Airlines and other similar companies will likely continue to struggle. As such, it's not safe to own UAL stock until circumstances change.
These stocks to buy on the dip all represent strong companies that are poised to do well. They will survive the downturn, one way or another.
These 10 undervalued stocks have crashed as the coronavirus has spread, but many of them could rebound (if they don't go bankrupt).
The coronavirus stimulus package that airlines like Untied were hoping for failed to pass over the weekend. Without it, UAL stock is risky.
Insolvency isn't likely for United, and air travel demand will rebound in 2021, making UAL stock look fairly compelling at $30.
Though the coronavirus is an easy explanation for the downfall of UAL stock, its recovery will depend on healing rapidly devolving social tensions.
Investors might be tempted to buy the dip in UAL stock. They might be right. But it's risky to put hard-earned money behind bad managers.
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While much uncertainty around the coronavirus remains, UAL stock through the lens of technical analysis is starting to look very oversold and ripening for a bounce.
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