Airlines Take Flight as Oil Falls; United Continental Named Top Pick
September 02, 2014 at 14:07 PM EDT
Stocks are falling today but that hasn’t stopped airline stocks like American Airlines (AAL), Delta Air Lines (DAL) and United Continental (UAL) from taking flight. The reason: falling oil prices. WTI Crude, the U.S. benchmark, has dropped 2.8% to $93.24 a barrel today, while Brent Crude, global benchmark, is off 2.2% at $100.58. American Airlines [...]