Investor’s Business Daily writes that despite the drama in global markets in July, investors continued to enter the exchange traded fund market. One driver for this interest has been positive results from the airline industry, with stocks including American Airlines, Spirit Airlines and Delta Air Lines all posting positive results in second-quarter earnings. The publication notes that analysts from S&P Capital IQ expect airlines to continue to be profitable this year.
Investor’s Business Daily also mentions the U.S. Global Jets ETF as one way for investors to gain access into this segment of the market.
Read more about the outlook from Investor’s Business Daily.
Article summary written by U.S. Global Investors.