Zacks Investment Research writes that cheap jet fuel, a growing middle class in emerging markets and now solid earnings reports for the second quarter look positive for the U.S. Global Jets ETF (JETS), which invests in the global airline industry.
Zacks also provides a convenient roundup of domestic airlines’ mostly positive earnings results, then mentions JETS as a way to gain exposure to these stocks. Read “Time for Airline ETF After Solid Earnings Season,” on Zacks.com.
Article summary written by U.S. Global Investors.