5 Most Profitable Value Stocks Now

This article presents an overview of the 5 Most Profitable Value Stocks Now. For a detailed overview of such stocks, read our article, 18 Most Profitable Value Stocks Now.

5. Delta Air Lines, Inc. (NYSE:DAL)

Estimated Net Income (TTM): $3.40B

Last month, Morgan Stanley published a list of stocks with high free cash flow, high earnings per share growth, and an overweight rating. Delta Air Lines, Inc. (NYSE:DAL) was part of the list.

As of the end of the third quarter of 2023, 53 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Delta Air Lines, Inc. (NYSE:DAL). The most significant stake in Delta Air Lines, Inc. (NYSE:DAL) is owned by Ken Griffin’s Citadel Investment Group which owns a $254 million stake in Delta Air Lines, Inc. (NYSE:DAL).

Carillon Scout Mid Cap Fund made the following comment about Delta Air Lines, Inc. (NYSE:DAL) in its Q3 2023 investor letter:

“The third largest detractor was Delta Air Lines, Inc. (NYSE:DAL), which pulled back after a sharp rally earlier in the year and as higher oil prices hurt sentiment on airlines overall. While weaker domestic fare prices have weighed on the stock price, stronger demand for international travel has improved the company?s profitability.”