I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Anna Sokolidou | Sunday, 7th June, 2020 | More on: EZJ EasyJet’s shares are ridiculously cheap! Is now the time to buy them? EasyJet‘s (LSE:EZJ) shares are still ridiculously cheap in spite of the market optimism sparked by lockdown easing. But is now the right time to buy them?EasyJet’s stock plungeAs can be seen from the graph, the airline’s shares are starting to recover. But they still have not fully recovered from their March lows. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The reason is quite obvious. The coronavirus pandemic has led to a record fall in demand for flights. Tourism companies and airlines have suffered the most. Even though many countries all around the world are reopening now, the demand for flights is still close to record lows. There are still many travel restrictions. For example, in the UK there is still a 14-day quarantine for incoming travellers. It is so damaging for airlines that IAG, the British Airways parent company, is considering suing the UK government because of it. The airline’s fundamentalsI have always liked easyJet’s business model. As opposed to British Airways, the company has targeted lower income customers, including students. The company has always been able to cut costs due to limited onboard services. As a result, the tickets have always been affordable to a lot of passengers.Well, this is an advantage for the company if the world enters a prolonged recession. During recessions consumers are not able to spend huge amounts of money on travelling. The cheaper the airline tickets are the more consumers would be willing and able to buy them. Credit rating agency Moody’s has taken the company’s competitive position into account when downgrading easyJet’s credit rating. The airline still has a lower investment grade credit rating which is way above its competitors’. EasyJet also became “leaner and fitter” by making 30% of its workforce redundant. This allowed the company to decrease its costs. Moody’s was also quite positive about easyJet’s financial position because of its £1.8bn cash cushion. It is quite a lot of liquidity but the company might have to borrow more. This will increase easyJet’s debt levels and put some additional pressure on its balance sheet. This might lead to another credit rating downgrade. Moreover, the agency expects the demand for flights to return to 2019 levels only in 2023. This is why I wouldn’t buy easyJet’s stockI perfectly agree with my colleague Edward Sheldon that easyJet’s stock is probably not worth the risk. The stock price is likely to stay depressed for a long time. In spite of the fact that many travel restrictions are being removed, the company estimates that over the July to September period the number of flights will still be 30% of its full capacity. And what if there is a second wave of Covid-19? Well, easyJet’s financial situation will deteriorate further and the company’s stock will collapse again.So, investors, in my view, would indeed be much better off buying profitable and growing companies that are not that much impacted by the coronavirus pandemic. There are many such companies in the UK. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Image source: Getty Images. See all posts by Anna Sokolidou Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Anna Sokolidou has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.