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Jets ETF CEO: Airliners Set For 'Spectacular Earnings'

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  • Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, told Benzinga that airliners are set up to report "spectacular earnings."
  • Holmes added that airline stocks have gained as of late following a notable dip in oil prices.
  • The airline and investment pro suggested that airliners will continue returning cash to shareholders through buybacks and dividend hikes.

U.S. Global Investors, a Texas-based investment advisory firm launched the U.S. Global Jets ETF (NYSE: JETS) back in April.

The firm's CEO, Frank Holmes, described the ETF when it was launched, noting that investors can better gain exposure to both domestic and international airlines. The strategy also allows the fund to also "dynamically take advantage" and ...

/www.benzinga.com/analyst-ratings/analyst-color/15/12/6029945/jets-etf-ceo-airliners-set-for-spectacular-earnings alt=Jets ETF CEO: Airliners Set For 'Spectacular Earnings'>Full story available on Benzinga.com

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