Todd Shriber of ETF Trends makes the case that the U.S. Global Jets ETF (NYSE: JETS) has a “well-timed launch.” He cites a number of positive factors such as lower fuel prices, the affordable valuation of airlines right now and the fact that many of them are now paying or have increased their dividends.
“For years, airlines were lousy dividend payers,” Shriber writes, “but that is starting to change.”
Article summary written by U.S. Global Investors.