Is United Airlines Stock a Smart Investment Option for the New Year?
United Airlines UAL shares had a phenomenal run in 2024, skyrocketing 135.3% mainly due to upbeat air travel demand. UAL shares outperformed the Zacks Airline industry and fellow industry players like Delta Air Lines DAL and American Airlines AAL in the year just gone by.
Image Source: Zacks Investment Research
Given UAL’s highly impressive rally, investors might wonder if the opportunity to add this high-flying airline stock to their portfolio has passed. However, we believe United Airlines has a lot going in its favor, and this rally is far from over. The stock holds substantial upside potential as we step into 2025. UAL currently has a Momentum Score of A. Technical indicators suggest continued…
