Delta Air Lines (NYSE: DAL) stock is up 62% over the last year and 46% since the beginning of 2023. The stunning stock move comes as the company has overcome a wall of worry over the prospects for the travel industry. An expected slump in demand caused by rising interest rates hasn't happened yet.

It makes sense to frequently re-examine the case for buying or holding a stock, particularly after such a powerful move. So here's the lowdown. 

Although a slump in air travel hasn't appeared yet, it doesn't mean that it might not happen in the future. While the risk of a protracted slowdown in the economy hangs over nearly every stock you might buy on the market, not every stock has the risk profile of an airline in the current environment. 

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Source Fool.com