Writing to MarketWatch, Dave Nadig, director of exchange-traded funds (ETFs) at FactSet, cites the U.S. Global Jets ETF (JETS) as one of his favorite three picks for 2016. Nadig says that JETS is the “only true pure play covering airline stocks, which are poised to benefit from sustained lower oil prices.”
JETS is “a solid pick for an industry delivering some of the best earnings reports we’ve seen in a long time,” he writes.
Article summary written by U.S. Global Investors.