In The News

Why Barron’s is Bullish on Airlines

from Barron's

The June cover story on Barron’s Magazine hints at author Jack Hough’s bullish view on the airline industry, saying airline stocks have the potential to perform well over the next year. The article points at lower fuel costs, higher fees and fares, and cost-cutting as tailwinds for the industry despite low valuations. Barron’s names the top four domestic carriers, which are also the top four holdings in the U.S. Global Jets ETF, as those with opportunity for bargain hunters: American Airlines Group, Delta Air Lines, United Continental and Southwest Airlines.

READ THE ARTICLE FROM BARRONS

Article summary written by U.S. Global Investors.

All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice. By clicking the link(s), you will be directed to a third-party website(s). U.S. Global ETFs does not endorse all information supplied by this/these website(s) and is not responsible for its/their content.

Fund holdings and allocations are subject to change at any time and are not recommendations to buy or sell any security. Click here for fund holdings.

The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies. You cannot invest directly in an index.

Enterprise Value (EV) is a measure of a company’s total value. EBITDA is net income with interest, taxes, depreciation, and amortization added back to it. Load factor is the ratio of revenue passenger miles and available seat miles for an airline. Free Cash Flow (FCF) represents the cash that a company is able to generate after laying out the money required to maintain or expand its asset base.