DAL LongDAL Long - Daily Chart
I'm long 1600 shares of DAL at $58 average. Delta is my favorite stock to own long-term as of now. I do plan to trade around price action but this a stock that is in my Dividend Compounding Portfolio.6
Some reasons I'm bullish:
Delta's brand is one of, if not the best, in the airline industry.
Industrial's as a sector has lagged the S&P for many years now and is due for a cyclical turn around.
Technical's:
Developing an inverse head and shoulders pattern (this pattern is not validated until complete)
Developing bull flag - which has just broken top trend line - measured move target: $64.20 (new all-time-high)
November 1st gap-up has been closed as of November 14th
20 SMA bullishly crossing 200 SMA
20 SMA about to bullishly cross 50 SMA
Fundamentals:
EPS Growth (TTM vs. Prior TTM) +53.68%
Revenue % Change (TTM) +5.43%
Profit Margin (Most Recent Quarter) +11.91%
P/E (Trailing Twelve Months) 7.96
PEG Ratio (5-Year Projected) 0.70
Dividend Yield 2.85%
1-Year Dividend Growth Rate 15%
5-Year Dividend Growth Rate 34.93%
Payout Ratio (TTM) 22.74%