These companies don't possess the qualities Buffett would typically look for in an investment.
News & Analysis: American Airlines Group
Is this struggling airline stock finally ready to gain altitude?
The airline giant has faced severe unit cost pressure over the past five years, but the outlook for the next few years is much brighter.
The grounding of the Boeing 737 MAX hurt American Airlines' pre-tax profit by about $140 million last quarter. But the airline giant still managed to post strong earnings growth.
AAL earnings call for the period ending September 30, 2019.
The airline successfully navigates labor and debt concerns.
These Buffett stocks have microscopic forward price-to-earnings ratios, as well as their own unique set of challenges.
The airline is on track to report earnings in the upper half of its previous guidance range for the third quarter, but it remains an industry laggard.
The chemistry prize generates some electricity.
Stock Market News: American Airlines Pushes 737 MAX to 2020; Pot Financing Snags Hit Green Organic Dutchman
The market recovered somewhat on Wednesday morning.