What Do Q3 Earnings Hold For Airlines ETF?

“Forward estimates should rise on the credit-card contribution, too. With the stock down 12% since the CEO change and 17% since the stock popped on the CC extension, we see shares as derisked. Shares are now the least expensive in the group at less than seven times our 2016 EPS estimate [$7.48] despite a mid-high-teens free-cash-flow yield,” said Credit Suisse of United Continental, the fourth-largest holding in JETS.

Additionally, the lower fuel price outlook could also support the airlines as well. While transportation sector ETFs may provide a small exposure to airliners, investors can also take a look at JETS as a way of profiting from still low oil prices.

U.S. Global Jets ETF