Ryanair is thriving with record-high stock prices, up 41% this year. The airline’s success is attributed to its low-cost model, revenue growth, and increased capacity due to new jet deliveries. However, some analysts believe its stock is slightly overvalued. EasyJet shares, on the other hand, have not fared as well.

Competition in the European airline industry remains fierce, with Ryanair facing off against other budget carriers like EasyJet and even traditional airlines like British Airways owner IAG. Despite its success, Ryanair does not have a Morningstar Economic Moat Rating due to the industry’s competitiveness. CEO Michael O’Leary’s outspoken nature adds to the airline’s unique appeal.

Read more at Morningstar: Stock of The Week: Are Ryanair Shares a Buy?