Omicron has given investors another chance to scope SIA at a discount.
Why $SINGAPORE AIRLINES LTD(C6L.SI)$
The airline industry is badly affected, and some airline has already folded. SIA who is thought of as one of the best airlines in the world will surely be the preferred choice for the majority of traveler who resumes air travel.
With the shake up during covid-19, the manpower cost is also greatly reduced. Once more traveler resumes their habits of traveling either for business (earlier) or for leisure (later), SIA will be the one with a high-profit margin.
But Omicron is still there...
The severity of Omicron and its transmission is still in research, but countries are no longer closing travel entirely. The travel industry might still face some short-term correction, but the downside is limited as compared to Covid-19 first started.
As an investor, we don't want to put all the eggs in one basket, but if you don't have any travel-related stocks yet, certainly have a look at SIA during this correction!
🐎please do your own dd🐎
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