United Airlines (NASDAQ:UAL) stock may have reached a bottom. But does that make shares a buy? Not so fast! The legacy carrier isn't out of the woods yet. The coronavirus from China (COVID-19) continues to materially affect the airline industry. Plus, what's to say air travel will return to normal once the COVID-19 outbreak peaks in the United States?Source: NextNewMedia / Shutterstock.com Things may look less bleak, but uncertainty remains for United Airlines and its peers. Granted, the recent stimulus bill does provide significant support to shore up their finances. But considering the potential terms and conditions of this federal aid, it could mean minimal upside for shareholders entering the stock today.On the other hand, buying UAL stock at the bottom could be a smart move. Wall Street has largely discounted legacy carriers due to this black swan event. But there's a difference between a smart contrarian bet, and a foolish...
Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Brian Cheung discuss why Goldman Sachs argues that the economy could still see a V-shaped recovery amid the coronavirus outbreak....
Shortly after the Federal Reserve announced $2.3 trillion in funding to support the economy, Fed Chairman Jerome Powell says the central bank will continue to act "forcefully, proactively, and aggressively."...
Kristina Hooper, Invesco Chief Global Market Strategist, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Jared Blikre to discuss the latest market action....
Stocks cut earlier losses from the overnight session and opened higher Thursday morning after the Federal Reserve unexpectedly unleashed a new multi-trillion-dollar stimulus plan to support businesses during the coronavirus pandemic....
The coronavirus, or COVID-19, is going to strain America’s biggest cities financially, and Chicago’s likely to feel the most pain, according to a new report....
