Despite an already strong run, United Airlines Holdings, Inc. (NASDAQ:UAL) shares have been powering on, with a gain of 28% in the last thirty days. The last month tops off a massive increase of 142% in the last year.
Although its price has surged higher, United Airlines Holdings’ price-to-earnings (or “P/E”) ratio of 11.8x might still make it look like a buy right now compared to the market in the United States, where around half of the companies have P/E ratios above 20x and even…
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