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Stocks Are Overbought, so What? | WAYT
The Compound and Friends
Delta's New Marker to Generate $10 Billion of Free Cash Between Now and 25
The CEO of Delta said they expect earnings per share to come in at 2.25 to a share, up from previously expected $2 to 2.25. All five S&P 500 airlines are now above their 50 and 200-day moving average. Two airlines made 52-week highs today. The median forward PE for the five airlines is six times earnings. Median earnings per share growth for next year is 16%.
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