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Analyst Favorites With Strong Buyback Activity: Delta Air Lines Ranks As a Top Pick

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A study of analyst recommendations at the major brokerages shows that Delta Air Lines Inc (Symbol: DAL) is the #9 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.

According to the ETF Finder at ETF Channel, DAL makes up 5.36% of the PowerShares Dynamic Leisure and Entertainment Portfolio ETF ( PEJ ) which is trading relatively unchanged on the day Monday.

DAL operates in the Airlines sector, among companies like United Parcel Service Inc ( UPS ) which is trading flat today, and FedEx Corp ( FDX ) trading higher by about 0.1%. Below is a three month price history chart comparing the stock performance of DAL, versus UPS and FDX.

DAL,UPS,FDX Relative Performance Chart

DAL is currently trading up about 0.6% midday Monday.

Top 25 Analyst Picks With Strong Stock Repurchase Activity »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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