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Airline Industry Outlook Appears Favorable to Some Analysts

from ETF Trends

 

Strong fundamentals and high barriers to entry make airline stocks’ long-term outlook favorable to some analysts according to ETF Trends. Despite United Continental performing below expectations in the fourth quarter, other major airlines experienced success during 2017. “U.S. airlines are on track for their eighth straight year of profits in 2017,” reports CNBC. “Delta reported quarterly earnings this month, broadly beating Wall Street estimates.”

 

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ETF Trends publisher Tom Lydon is on the board of U.S. Global Investors.