RE: BA Website10 Jan 2023 21:41
im topping up multi bagger
Since bottoming at 94p in October, shares in International Consolidated Airlines Group (LSE:IAG) have rallied by more than 50%. With the travel sector showing no signs of cooling, I think the stock could continue its trajectory upwards in 2023.
Additionally, industry data estimates show that forward bookings are strongly inching back towards 2019 levels, especially for international travel. Moreover, as China continues to drop most of its Covid restrictions, this could serve to boost IAG shares.