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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

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Post by Starsearcher80on Sep 02, 2020 7:55pm
480 Views
Post# 31499406

BEST BET

BEST BETI still maintain that AC is the best play in the market right now.  SEVERELY beaten down due to Covid, but today we're actively hearing of vaccines becoming available in the U.S. on November 1st for wide distribution.
This move by the U.S. may be a fast-tracking of the vaccines prior to normal phase 3 trials, in that if they show strong efficacy and safety prior to the full run of the phase 3, the FDA will give clearance.

Well that would be great news in efforts to stem the virus and get things back to normal.  But as far as AC stock goes, it could prove to be what finally ignites the imagination that things just might get back to normal even sooner than the best hoped-for scenarios.

At this point, imho the risk/reward scenario wit AC at $18.00 is phenominal.  This virus will pass.  That it is now on possibily an even more expedited basis makes the stock a screaming buy.  There are a heck of a lot of gains back to the pre-covid pricing of $54.00

So enjoy.  Imho best play on the market right now.  A little bit of patience as this plays out and things get back to normal, but the goal is now in sight, and with that, a lot of interess in the stock will certainly come.
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