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How Risky Is Southwest Airlines?

How Risky Is Southwest Airlines?

The airline sector was hit hard by the COVID-19 pandemic and the response to it that collapsed air travel and strained balance sheets. With arguably the best balance sheet in the airline sector and a track record of overcoming adversity, Southwest Airlines (NYSE: LUV) presents one obvious way to ride the surge in airline stocks. Since reporting its first-quarter 2020 earnings results on April 28, Southwest stock is up an astounding 23%.