United Continental Holdings Inc (UAL), Centurylink Inc (CTL), More: 8 Huge Ideas We Saw At The Sohn Conference

Brad Gerstner, Altimeter Capital – United Continental Holdings Inc (NYSE:UAL)

Gerstner is a huge United Continental Holdings Inc (NYSE:UAL) bull, believing the stock could double or even triple in value. He cited the fact that millenials are more frequent travelers than their ancestors, making airlines a secular growth story. He also thinks that airlines now have much better pricing power as capacity has nearly maxed out. Gerstner cited the fact that Warren Buffett has done a complete 180 on airline stocks as being proof positive that they’ve entered a new age as investment opportunities, having been trading at ridiculously low multiples due to pervasive negativity. United Continental Holdings Inc (NYSE:UAL) has gained 4.97% this week.

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