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Credit Suisse Boosts Estimates for Multiple Domestic Carriers

from ETF Trends September 11, 2015

Influential financial services company Credit Suisse recently boosted its estimates for four domestic carriers, including Delta Air Lines, American Airlines, JetBlue Airways and Southwest Airlines, according to ETF Trends’ Tom Lydon. Combined, these four companies make up 41 percent of the weight in the U.S. Global Jets ETF (JETS).

Lydon goes on to highlight some of the more “predictable” catalysts for why JETS was up 5 percent in the two weeks ended September 11: “low oil prices,” “robust demand for air travel,” “compelling valuations” and “rising profits.”


Article summary written by U.S. Global Investors.

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