“When you drill into it, the real highlight and what’s driving a lot of this is the airlines so stocks like your Delta, Alaska Airlines,” Gibbs told CNBC.
Gibbs pointed out that while freight and logistics companies are expected to post 2019 earnings growth of 3.4 percent, the smallest increase of the group, “airlines have the growth of about twice the group as a whole and that’s really your strong suit so I’d say focus on your airlines.”
ETF investors can focus on airlines through the targeted US Global Jets ETF (NYSEArca: JETS). The ETF is the only available pure-play fund that focuses on the global aviation industry, including not just airlines but also airline operators and manufacturers.
For more information on Transportation ETFs, visit our Transportation category.
