The company I have chosen to discuss is the Sun Country Airline Holdings, incorporation
and their common stocks. Sun Country Airline Holdings, Inc. is an air carrier company that
provides travel for passengers, air cargo, and charter air transportation. It also provides
further relatable services in the U.S., as well as Latin America and internationally. Sun
Country Airline Holdings, incorporation is one of the companies who is on the ups in
comparison to some other companies who are in a decline or low end at the moment. They
have gained/increased an amount of +15.67 percent. Looking at their stock activity, the last
amount was of $18.80 with a change of +2.43 and a change percentage of +14.84 percent.
There have been several affected and changes to these different airlines and airline
companies, especially these past couple of years with everything that has been going on with
covid, so some airlines have had a great decline in satisfaction, stocks, finances, etc. Sun
Country Airline Holdings, Inc. was one of the few companies who have been able to stay
above/advanced in their stocks. The company I chose for this discussion is Delta Airlines
(DAL). I selected Delta because I know airlines have been severely hit by the travel
restrictions during the pandemic. In addition to that, Delta is currently in a contact dispute
between their union pilots and the company over an upcoming contract. Their results over
the past year have been more dismal in comparison to the DOW. Delta stock price has
dropped 26.5% since the first day of trading in January from $44.29 a share down to $32.56
with a 52 week high of $46.27 and a 52 week low of $27.20 with the low being considerably
more recent than the peak. This, I believe, has been driven not only by their contract dispute,
but also that of fellow competitor United Airlines. Their pilots just voted down a contract
offering them a 15% salary increase over two years. Somehow that didn’t seem to be
enough. If Delta follows suit they will vote down their proposed contract as well. In fact,
they have already voted predominately to strike if an agreement is not met. If the company
goes on strike, I see the stock price only falling more. The company that I selected is The
Walt Disney Company (DIS). Founded in 1923 by Walt and Roy Disney, Disney started as
a cartoon studio and has grown to a family entertainment industry and one of the world's
largest media companies.
Disney's current stock price is $103.92, down from $175.63 just one year ago. At first
glance, that might seem a little alarming. But, I think it's important to compare stock
performance to the general market before making any assumptions on Disney's performance
in particular. As we know, the market has been up and down over the past year. The
economy is struggling coming out of the COVID pandemic and inflation has impacted the
economy in a negative way. Families don't have the same amount of discretionary income,
which would impact a company focused on family entertainment.
In researching the performance of Disney, I found it helpful to compare Disney's stock price
to S&P 500, which is a weighted index of the 500 largest publicly traded companies in the
United States. I compared the two over the past 12 months to look for drastic differences. In
looking at the comparison between the two, the dips and peaks were very consistent (almost
identical). This indicates to me that Disney's performance is a symptom of the overall
market and not a particular weakness with Disney. I chose to examine Airbnb for this weeks
discussion. Over the last year Airbnb has seen a lot of ups and downs on the stock market.
In November 2021 it saw a fairly steep increase. This increase was likely due to the amount
of people who began to travel again at the end of 2021 for the holiday season. Covid ruined
a lot of travel plans for the large majority of people and at the end of 2021 most were ready
to get back out and travel again. During Covid a lot of stock in travel agencies, hotels,
airlines, and more declined drastically due to lockdowns and quarantine. This caused a lot of
market and stock falls over the first year of Covid. Predictions show that once the holiday
season starts back up travel will increase and stocks will raise with Airbnb. One factor that
likely aided in a decline in the stocks was inflation. When prices increased to a point that
outweighed the value of the product buyers turned away from buying more as it was no
longer making more money than what it was worth. The company that I have chosen is
WMT Walmart inc. Sam Walton was a man with visionary leadership, and our business is a
result of that. Since the first Walmart opened in 1962 in Rogers, Arkansas, it has been
dedicated to making a difference in the lives of customers. Over the past year Walmart was
at 141.15 billion in august this year and in august of 2021 it was 142.55 billion. That was a
150,000,000 drop from the prior year. What I think had a influence on the company’s peak
and valley would be the supply and demand. During this time we were dealing with Covid
and this took a toll on everybody around the world. Especially business that were depending
on getting supply and having the demand for product that consumers needed. I could not
imagine having to deal with finding a solution of trying to find a way to keep profit up when
you deal with a disaster that effects the business in such a big way. The findings show that
the company should be on the rise, the months have been showing a increase month after
month. The selected company is First Solar, Inc, which is a solar panel manufacturer
founded 23 years ago in 1999, and listed in the NASDAQ (Yahoo Finance, 2022a). In the
last year, First Solar's stock performance has been bumpy, with a current share price of
$124.57, a high of $145.74, and a low of $59.60 in the last 52 weeks.
First Solar’s stock peaked on October 25, 2022, with a price of $145.74, with the rise
attributed to anticipated growth in the industry brought about by government legislation
through the “Inflation Reduction Act,” which provides tax credits to the industry. Second,
the increase in First Solar's stock price is because of increased demand for solar energy due
to high commodity prices .
Between August 2022, and December 2021, First Solar's stock was below the $100 mark,
with the dip arising from rising inflation, and high-interest rates (Morningstar.com, 2022).
The stock market has been “bearish” since June, with the high cost of borrowing weakening
the prices of stocks, including First Solar despite a brief rally in August .Overall, the
findings indicate First Solar's financial health is good, with a positive outlook. This is
attributed to the newly passed government legislation supporting the "solar industry"
including 10-year tax credits that will support its growth tremendously by offering
production subsidies (Reuters.com, 2022). First Solar's profit margin of 7.63% and high
price/ earnings (P/E) of 69.44, which is a sign of a bright future are further indicators of First
Solar's good financial health
