Investors have been searching for clues that the surge in inflation is nearing a peak. And they arefor indications as to whether higher costs are weighing on profits. Analysts expect the S&P 500 net profit margin to come in at 12.1% for the first quarter, continuing a decline from a high of 13.1% in the second quarter of last year but still above the five-year average of 11.2%, according to FactSet.
Jay Hatfield, chief executive and portfolio manager at Infrastructure Capital Advisors, said that on Wednesday he bought shares of Delta as well as hotel-focused, real-estate investment trusts. He was impressed by Delta’s high level of bookings. Some investors said the market’s recent embrace of airline stocks stemmed in part from the relative lack of options for consumers looking to fly. It could be more difficult for a consumer-staples company to significantly raise the price of paper products, for example, without customers fleeing to a competing brand.
I wanna be a lot lizard when I grow up! And have fun every fuckin day!
Is he still there?
Thats cool. If it's OK w/it's OK w/ me I guess. But im not in2 abusing it,2day I did & its Sunday I waited out Saturday thank God. Im done 4 minute. This is some weak shit I got & I'm not happy w/it. Meth lab people must b gointhru a shortage of active ingredient. This sucks.
Travel firms = Sell