Nevertheless, some bargain hunters argue that airlines set to report results will face a lower bar to clear to positively surprise the markets. For example, United Continental Holdings (NasdaqGS: UAL) strengthened last week after revealing stronger-than-expected revenue and profit for the fourth quarter.

Investors can look to the U.S. Global Jets ETF (NYSEArca: JETS), the lone ETF dedicated to airline stocks, to access the growth in the airline sector. JETS follows the U.S. Global Jets Index, which uses fundamental screens to select airline companies, with an emphasis on domestic carriers, along with global aircraft manufacturers and airport companies.

The ETF’s top holdings include LUV 12.0%, AAL 11.7%, UAL 11.5% and ALK 4.2%.

For more information on the airline ETF, visit our Airline category.

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