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American Airlines Should Be a Summer-Travel Winner. Its Stock Is a High-Risk Bet.

American Airlines Group should be a big winner as people flock to vacation spots this summer. The airline is flying more people than any other U.S. carrier, and the company said on Thursday that it plans to restore 90% of its pre-pandemic capacity this summer, potentially reaching 100% at its two most profitable hubs, Dallas and Charlotte.

That has some analysts sounding more upbeat on the stock. Raymond James’ Savanthi Syth upgraded shares of American (ticker: AAL) to a Market Perform on Friday. The company is taking the…

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