DELTA AIR LINES INC DEL

DAL

Market cap $397M

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here is how Delta Air Lines (DAL) and Global Ship Lease (GSL) have performed compared to their sector so far this year.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Delta (DAL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Investors often look to Delta Air Lines' (DAL 4.34%) financial reports because they serve as valuable indicators of what they can expect from the upcoming earnings season, particularly in terms of the state of discretionary consumer spending.

Americans are nervous about the economy, and that concern is weighing on consumer stocks. Investors, however, may be able to sidestep the problems by picking up shares of companies, such as airlines, that cater to the wealthy.

The company's industry-leading position, persistent strength, outperformance, cash flow, and value-building capability have its stock price on track to reach new all-time highs, potentially before the year's end.

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Here are some of the major companies whose stocks moved on the week's news.

Delta Air Lines and Aeromexico sued the U.S. government challenging an order that they unwind a joint venture by January 1 that lets the carriers coordinate scheduling, pricing and capacity decisions for U.S.–Mexico flights.