Are Qantas (ASX:QAN) shares a top reopening buy? Here’s what Motley Fool analyst Benny Ou thin …

are qantas asxqan shares a top reopening buy heres what motley fool analyst benny ou thinks

Sumary of Are Qantas (ASX:QAN) shares a top reopening buy? Here’s what Motley Fool analyst Benny Ou thinks:

  • Australia has officially reopened and the flying kangaroo is already hitting tarmac across the globe.
  • Does that mean Qantas Airways Limited (ASX: QAN), and its share price, is in for a strong run in the near future?
  • Motley Fool Australia analyst Benny Ou sat down with our chief investment officer Scott Phillips to discuss the pros and cons of investing in Qantas earlier this month.
  • Interested readers can find the pair’s conversation in full here and more content from The Motley Fool Australia on our YouTube channel.
  • Or, keep reading for a breakdown of Ou and Phillips’ conversation on Qantas.
  • At the time of writing, the Qantas share price is $5.17, down 2.17%.
  • The bull view on Qantas shares After plunging around 60% at the height of the COVID-19 pandemic, the Qantas share price has taken off towards recovery.
  • On top of that, Ou notes Qantas has a hold of around 70% of Australia’s domestic flight capacity and Australians, in general, have more cash to splash post-COVID than they did pre-COVID.

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