Scott Stewart has been trading for decades. He has acted as an analyst and educator on the stock market for just as long. As your Rich Dad's Weekly Cash Flow analyst, Scott works tirelessly to ensure you know everything you need to do when entering into new positions, and adjusting trades as you go along....
Even after the U.S. economy is opened up again, the airline industry will take years to recover because of travelers’ changed habits, lingering fears and the potential for continued high rates of infection in many travel destinations. Jim and Scott target one vulnerable airline stock facing not only the pandemic but its ongoing internal problems, which will create a further downtrend to their stock price.
Rising costs and increased competition spell trouble for restaurants who are still struggling with lockdown mandates and lower foot traffic as consumers remain cautious with pandemic worries. Today, Jim and Dan target this leading restaurant chain as these headwinds to growth puts pressure on its stock price.
A slowing economy is dangerous for highly-leveraged companies that depend on growth to pay down debt. Adding to the danger is a pause in the rate cuts that help reduce interest expense. Jim and Scott are revisiting a past winner that is poised for another fall as continued weak economic growth hurts revenues and send the company towards bankruptcy and a downturn in its stock price.