Jim Cramer Shares Key Advantage For Delta Airlines (DAL)

We just covered Jim Cramer Discussed The Iran Ceasefire & Commented On These 19 Stocks. Delta Air Lines, Inc. (NYSE:DAL) is one of the stocks discussed by Jim Cramer.

Delta Air Lines, Inc. (NYSE:DAL)’s shares are up by 82% over the past year and down by nearly 5% year-to-date. TD Cowen discussed the firm on April 2nd as it trimmed the share price target to $76 from $77 and kept a Buy rating on the stock. Some factors that the firm cited in its coverage included slowing consumer demand and rising costs. Delta Air Lines, Inc. (NYSE:DAL) CEO Ed Bastion discussed the firm’s operations at the JPMorgan Industrials Conference in March and explained that his firm was navigating challenges such as rising fuel costs and global economic tensions quite well. Rothschild & Redburn trimmed Delta Air Lines, Inc. (NYSE:DAL)’s share price target to $70 from $72 and kept a Buy rating on March 5th. The conflict in Iran, which is now under cease fire, was on the financial firm’s mind as it commented that the hostilities could lead to downward revision in industry estimates. Cramer discussed Delta Air Lines, Inc. (NYSE:DAL)’s CEO and his role in the industry:

“We do have Delta next week. And Ed Bastion has been, he’s become the defacto leader of the group. He speaks to Phil, in a very, I’d say, confident way.”

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