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Oppenheimer: Airlines Could Outperform

from Barron's
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Ari Wald, an analyst with Oppenheimer, has come out with a technical analysis arguing that “with interest rates bottoming, reflationary sectors should deliver strong performance in the second half,” reports Barron’s. In this economic environment, Wald says he is looking at buying transportation stocks, and within that sector, he likes airlines best.

airlines outperform ryanair airplane

The Barron’s article shares an excerpt from Wald’s July analysis: “Within transports, our high-conviction idea is to keep buying the airlines following a major breakout in trend.” He goes on to mention the U.S. Global Jets ETF (NYSE:JETS) as a way to gain “broad-industry exposure.” Explore the full article from July 10 on Barrons.com.

 

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The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 844. ETF.JETS (844.383.5387) or visit www.usglobaletfs.com.

U.S. Global Investors has authored and is responsible for the summary on this page.

All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice.

U.S. Global Investors has no relationship with Oppenheimer or Oppenheimer analyst Ari Wald.

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