10 Reasons to Buy and Hold This Market-Leading Stock Forever

Airline stocks haven't traditionally been a great investment, and they've attracted criticism from no less than Warren Buffett in the past. However, if you are willing to keep an open mind and share my view that something fundamental has changed in the industry, then Delta Air Lines (NYSE: DAL) is a great stock to buy. Here are 10 reasons why.The traditional view of the airline industry is one of highly cyclical booms and busts, where booms lead to overcapacity, which in turn leads to intense price competition in main cabin ticket prices when the inevitable demand slowdown occurs. One way Delta seeks to mitigate the cyclicity of its industry is by growing its premium cabin revenue, as high-income travelers account for 75% of air travel spending. In fact, whereas premium seats made up about 10% of seats in 2010, that figure has now increased to 30%, and Delta expects premium cabin revenue to surpass main cabin revenue by 2027. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool