Is CO is way undervalued?
Delta is coming out with their new stock next week. They say it would have a valuation between 9-14 billion. That seems ridiculous it would make them over twice the size of AA, UAL, or CO. AA and CO are performing well financially showing a profit in the 1st quarter while the others are not. CO's market cap is 3.84 billion. Maybe I should go long more CO and short DL. Any thoughts.