Frank Holmes sits down with TheStreet’s Gregg Greenberg to discuss the U.S. Global Jets ETF (JETS), the only airline ETF currently on the market. After he explains what inspired him to launch such a niche investment product, Frank points out that one of the key differences between airline stocks and other transportation stocks such as trucks and trains is that airlines are relatively cheap right now. This might make JETS attractive for GARP (growth at a reasonable price) investors.
Article summary written by U.S. Global Investors.