Alaska Air’s Valuation is ‘Nonsense’ and It’s Delta’s Fault
November 21, 2014 at 09:34 AM EST
Wolfe Research’s Hunter Keay and team think Alaska Air’s (ALK) valuation is far too low–and they blame Delta Air Lines (DAL). They explain: Alaska Air Group Alaska Air is one of the best airlines in the global industry by any relevant metric. But its stock trades at a discount to other less superior airlines. The stock [...]