5 Best Airline Stocks to Buy According to Reddit

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1. United Airlines Holdings, Inc. (NASDAQ:UAL)

Number of Hedge Fund Holders: 79

United Airlines Holdings, Inc. (NASDAQ:UAL) is one of the best airline stocks to buy according to Reddit. United Airlines Holdings, Inc. (NASDAQ:UAL) announced on May 14 the expansion of its service offerings to Japan, with new flights to Sapporo and Tokyo-Narita this winter. The airline stated that it will launch the first nonstop service from the continental U.S. to Sapporo, Japan, becoming the only U.S. airline that offers nonstop service between Chicago and Tokyo-Narita. It further reported that the daily year-round service between Chicago and Tokyo-Narita starts in October, and the seasonal service from San Francisco to Sapporo would run three times a week from December through March. United Airlines Holdings, Inc. (NASDAQ:UAL) now serves Tokyo-Narita from six of its seven continental U.S. hubs.

In a separate development, Jefferies cut the price target on United Airlines Holdings, Inc. (NASDAQ:UAL) to $112 from $118 on April 27, maintaining a Buy rating on the shares. The firm told investors that pulling five points of schedules is “a continuation of its successful playbook” to focus on revenues and brand loyalty and let margins “take care of themselves”.

United Airlines Holdings, Inc. (NASDAQ:UAL) is a holding company that provides transportation services. The company’s operations are divided into the following geographical segments: Domestic, Atlantic, Pacific, and Latin America.

While we acknowledge the potential of UAL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UAL and that has 100x upside potential, check out our report about the cheapest AI stock.

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