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Fortune Magazine: JETS a Buying Opportunity for 2016

from Fortune Magazine

Fortune magazine features 16 investments for the new year, one of which is the U.S. Global Jets ETF (JETS). Contributing writer Jon Birger points out that for years, the airlines industry was a net loser of capital and value for investors. But after a series of bankruptcies in the early to mid-2000s, followed by consolidation and tightened discipline, the industry has become better at “squeezing more revenue out of each flight.”

Another thing going for airlines, according to Birger: lower fuel costs.

He goes on to highlight one of his favorite individual airline stocks, Delta Air Lines, which showed exceptional forward thinking in 2012 by purchasing its own oil refinery.

READ THE ARTICLE FROM FORTUNE MAGAZINE

Article summary written by U.S. Global Investors.