Here’s your chance to join Warren Buffett and one of the Middle East’s richest billionaires in a deal that’s going to provide you with a massive profit.
You can be sure that when multiple big-shot investors flock to a single stock it’s the closest you’ll get to a sure thing.
This $808 million deal has a slice with your name on it, and you’re about to ride it all the way to the top by following Buffett’s every move.
Qatar Airways’ CEO Akbar Al Baker is looking to join Warren Buffett as a 10% shareholder in American Airlines (AAL).
As you know, almost everything Warren Buffett touches turns to gold.
When Buffett first invested in American Airlines in November 2016, the stock was sitting around $40.
Since then it has skyrocketed 24%.
Adding Qatar Airways to its list of investors would surely see the stock come close to matching that surge.
The deal, worth $808 million, would place Qatar Airways as one of American Airlines’ biggest shareholders.
According to a representative from American Airlines, the offer from Qatar Airways was unsolicited, but is under heavy consideration by CEO Doug Parker.
So, how would American Airlines’ stock react to this massive deal?
It’d reach for the skies.
This deal would work in favor for both airlines. Even though it’s not a complete takeover, it’d place each airline in a strong position on the international playing field, and that would be heavily reflected in the stock market.
American Airlines’ stock is currently up 7.6% this year. While bouncing between $40 and $50 for quite some time, this might be the push that the stock has needed in order to keep its head above $50.
If the deal goes through, it should easily break its all-time high of $54.86, which was set back in January 2015.
I can assure you that Buffett’s going to become that much richer if this deal materializes, and you could be right there with him.
