Credit Suisse analyst Julie Yates just released the results of the firm’s latest survey of 71 hedge funds and long-only airline investors. Here’s a summary of the key findings.
More than half (61 percent) of respondents believe that airline stocks will outperform the market in 2016.
In terms of industry concerns, respondents named weak unit revenue trends resulting from too much capacity as the top issue for airline stocks. Respondents are also concerned about demand and the potential for a U.S. recession.
Despite maintaining a bullish overall outlook, hedge funds have reduced their long positions ...
/www.benzinga.com/analyst-ratings/analyst-color/16/03/7728221/hedge-funds-still-like-airliners-prefer-southwest-to-all alt=Hedge Funds Still Like Airliners, Prefer Southwest To All Others>Full story available on Benzinga.com
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