Several stocks are still ripe for the picking even as the broader market reaches record-high levels. The S & P 500 and Nasdaq Composite rallied to all-time-highs Wednesday as a lighter-than-expected April consumer inflation report fueled investor sentiment. The broader market and the 30-stock Dow Jones Industrial Average are up more than 5% each this month, while the Nasdaq has advanced about 6.5%.
analyst Achal Kumar recently initiated coverage on Delta alongside peers United and American Airlines , but named Delta its preferred stock in the sector. Kumar's $72.80 price target suggests 37% potential upside for the stock. "Delta has the strongest competitive positioning at all of its key hubs and holds almost a 70-75% market share at its top 6 hubs, where it has deployed more than 50% of its capacity. It has the highest penetration in the premium traffic segment among the three U.