There aren’t very many stocks that are performing poorly this year. Ever since the markets walked off Donald Trump’s April tariff tantrum, it has pretty much been smooth sailing. Markets are once again up, and while some investors are celebrating, others are bemoaning the lack of undervalued stock opportunities.
One space that shows promise for investment today is airlines. Unlike other sectors, airlines are not rallying out of control this year. Instead, they are down for the count. In some cases, they are down by high percentages. In this article, I explore one Canadian airline stock that declined 12.2% yesterday for no good reason, and enjoys strong prospects in the year ahead.
Air Canada
Air Canada (TSX:AC) is Canada’s largest airline, and its only flagship airline. It transports passengers all around Canada, as well as to international destinations. Although AC faces considerable competition from WestJet and regional…
