Latest news with #JETS
Yahoo
23-05-2025
- Business
- Yahoo
Memorial Day Weekend Travel to Break Records: 5 ETF Picks
This Memorial Day holiday weekend is poised to set a new benchmark in American travel history, fueled by lower gasoline prices, increased consumer confidence and a strong desire to reconnect with loved increase in travel demand should boost revenues and profitability for the travel and tourism industry, thereby leading to higher share prices. Investors can tap this trend through ETFs that stand to profit big time from an upbeat Memorial Day travel trend. ETFMG Travel Tech ETF AWAY, AdvisorShares Hotel ETF BEDZ, Themes Airlines ETF AIRL, U.S. Global Jets ETF JETS and Invesco Dynamic Leisure and Entertainment ETF PEJ look like intriguing picks (see: all the Consumer Discretionary ETFs here). According to AAA, about 45.1 million Americans will travel 50 miles (80 km) or more over the Memorial Day weekend (May 22-26), up 1.4 million from 2024. This would represent a new Memorial Day weekend record. Of them, more than 38 million are expected to hit the road, 3.6 million would fly, and 2.08 million would travel by train and other modes (including buses and cruises).Road trips remain the dominant choice due to lower gasoline prices. Gasoline prices are projected to be among the lowest in recent decades for the holiday, providing both consumers and investors reasons to cheer. According to an analysis by GasBuddy, the average gallon of gas this Memorial Day weekend is expected to be around $3.08, down from $3.58 a year ago (read: Gasoline ETF in Focus Ahead of Memorial Day Travel). Rental cars, particularly SUVs, are in high demand. According to AAA partner Hertz, May 23 will be the busiest day for pickups. Cities with the highest rental demand include Orlando, Denver, San Francisco, Las Vegas, Miami, and Seattle — all on AAA's list of top are also gearing up for a busy weekend. Although not a record year for air travel (the 2005 peak remains at 3.64 million), this year's numbers are 12% above pre-pandemic levels. Domestic flights are 2% more expensive than last year, averaging $850 for a round trip. Top destinations include Chicago, New York, Orlando, Denver and Seattle. Airlines are expecting a surge in passengers, with Orlando, Las Vegas, and Boston being top destinations. Travel by other modes continues to climb post-pandemic. Cruise travel, particularly to Alaska, is booming. Fairbanks, Anchorage and Juneau are among the top cruise destinations this Memorial Day weekend. ETFMG Travel Tech ETF (AWAY)ETFMG Travel Tech ETF is the first ETF that offers direct access to the technology-focused global travel and tourism industry. It follows the Prime Travel Technology Index, charging investors 75 bps in annual fees. ETFMG Travel Tech ETF holds 31 stocks in its basket, with American firms accounting for 36%, followed by 16% share in Australia and 13.8% in China. It has accumulated $50.9 million in its asset base and trades in an average daily volume of 11,000 Hotel ETF (BEDZ) AdvisorShares Hotel ETF is actively managed and provides exposure to the global hotel and travel-related services. It holds 26 stocks in its basket, with American firms accounting for about 91% share in the basket. AdvisorShares Hotel ETF charges 99 bps in annual fees and trades in an average daily volume of 1,000 shares. It has amassed $2.6 million in its asset Airlines ETF (AIRL)Themes Airlines ETF offers exposure to the largest 28 airline companies by market capitalization by tracking the Solactive Airlines Index. American firms make up the largest share in the basket at 41.2%, followed by United Kingdom firms with a 15.1% share. Themes Airlines ETF has managed assets worth $0.9 million and charges 35 bps in annual fees. It trades in an average daily volume of under 500 shares. U.S. Global Jets ETF (JETS) U.S. Global Jets ETF provides exposure to the global airline industry, including airline operators and manufacturers from all over the world, by tracking the U.S. Global Jets Index. The product holds 50 securities, with American firms accounting for 76% of the assets, followed by Canada, Singapore and Spain. U.S. Global Jets ETF has gathered $829.8 million in its asset base while seeing a heavy trading volume of nearly 2 million shares a day. It charges investors 60 bps in annual fees and has a Zacks ETF Rank #1 (Strong Buy) with a High risk outlook (read: Oil Slumps to Below $60: ETFs to Gain). Invesco Dynamic Leisure and Entertainment ETF (PEJ)Invesco Dynamic Leisure and Entertainment ETF offers exposure to companies that are principally engaged in the design, production or distribution of goods or services in the leisure and entertainment industries. It tracks the Dynamic Leisure and Entertainment Intellidex Index and holds 31 stocks in its basket. Invesco Dynamic Leisure and Entertainment ETF has amassed $326.7 million in its asset base and has 0.57% in expense ratio. PEJ trades in a paltry volume of 62,000 shares per day on average and has a Zacks ETF Rank #3 (Hold) with a High risk outlook. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amplify Travel Tech ETF (AWAY): ETF Research Reports U.S. Global Jets ETF (JETS): ETF Research Reports Invesco Leisure and Entertainment ETF (PEJ): ETF Research Reports Themes Airlines ETF (AIRL): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-05-2025
- Business
- Yahoo
Airline Stocks Rally as Oil Drop Eases Jet Fuel Pressure
Airline shares outperformed on Monday, with several names ranking among the top gainers on the S&P 500, as investors bet on lower fuel costs following a fresh slide in oil prices. Delta Air Lines (NYSE:DAL) rose nearly 3%, while United Airlines (NASDAQ:UAL) gained 2.8%, bucking broader market weakness. The U.S. Global Jets ETF (JETS) advanced about 1.4% as oil prices pulled back amid news that OPEC+ will ramp up output by 411,000 barrels per day in June, on top of prior increases in April and May. Warning! GuruFocus has detected 3 Warning Sign with DAL. The prospect of a supply-driven surplus has sparked hopes of lower jet fuel costs, a key expense for airlines. Analysts say the benefits may vary across carriers depending on their hedging strategies, though overall cost relief could support margins and ticket pricing flexibility. American Airlines (AAL) jumped 3.3%, while Alaska Air Group (ALK) climbed 3.8%. Frontier Group (ULCC) led gains with a 6.7% rally. Other movers included Southwest Airlines (NYSE:LUV) up 1.2%, JetBlue Airways (NASDAQ:JBLU) down 0.4%, and Allegiant Travel (NASDAQ:ALGT) up 1.6%. European names like Ryanair (NASDAQ:RYAAY), Lufthansa (DLAKF), IAG (ICAGY), and EasyJet (EJTTF) also traded higher during afternoon sessions. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
05-05-2025
- Business
- Yahoo
Oil Slumps to Below $60: ETFs to Gain
Oil prices have been going through tough times. After logging the biggest monthly loss since 2021, oil prices tumbled below $60 per barrel for the first time since February 2021. The benchmark Brent crude dropped to $58.50 per barrel in early trading today while West Texas Intermediate (WTI) slipped to $55.53. The decline is attributed to a combination of factors, including the decision to increase production by the Organization of the Petroleum Exporting Countries (OPEC), weakening demand and increasing U.S. production (read: Oil's Worst Month Since 2021: Will Energy ETFs Rebound?). OPEC and its allies, led by Saudi Arabia and Russia, agreed to accelerate production for the second straight month. The agency is expected to increase output in June by 411,000 barrels per day. The rise is nearly three times the volume that was initially signaled by OPEC. Recent economic data from major economies, particularly China, suggest cooling industrial activity and weaker-than-expected energy consumption. China's April manufacturing PMI fell back into contraction to 49.0, marking a 16-month low. Further, President Donald Trump's tariffs have raised fears of a recession that will slow demand at the same time that OPEC+ is quickly increasing U.S. shale producers have ramped up output significantly. Per the U.S. Energy Information Administration (EIA), U.S. oil production is expected to peak at 14 million barrels per day in 2027. While a slump in prices is hurting oil exporting and production companies, it has been a blessing for a few zones, including airlines, retail, consumer discretionary, oil importers and refiners. We have highlighted some ETFs that are expected to benefit from lower oil prices: U.S. Global Jets ETF (JETS) Airlines are the biggest beneficiaries of lower oil prices as fuel accounts for a major portion of their operating expenses. As such, lower oil price will likely boost their profitability, propelling JETS higher. U.S. Global Jets ETF provides exposure to the global airline industry, including airline operators and manufacturers from all over the world, by tracking the U.S. Global Jets Index. The product has gathered $757.1 million in its asset base while charging investors 60 bps in annual fees. It has a Zacks ETF Rank #1 (Strong Buy) with a High risk outlook (read: Travel Slump Hits Airlines: Should You Buy the Dip With ETF?). VanEck Oil Refiners ETF (CRAK)Oil refiners are the only bright spot in the energy space amid declining oil price. This is because players in this industry use oil as an input for processing refined petroleum products. Hence, lower oil prices could result in higher margins for refiners. With AUM of $23.7 million, VanEck Oil Refiners ETF is a one-stop shop for investors to play the oil refining market. It follows the MVIS Global Oil Refiners Index, charging 62 bps in annual S&P Retail ETF (XRT)Lower oil prices also bode well for the retail sector. SPDR S&P Retail ETF tracks the S&P Retail Select Industry Index, which provides exposure across large, mid and small-cap stocks. It charges 35 bps in annual fees and has AUM of $120.2 million. XRT has a Zacks ETF Rank #3 (Hold) with a Medium risk Discretionary Select Sector SPDR Fund (XLY)Lower oil price leads to higher consumer spending, which accounts for more than two-thirds of U.S. economic activity. The consumer discretionary sector will thus see a spike. Consumer Discretionary Select Sector SPDR Fund offers exposure to consumer discretionary stocks by tracking the Consumer Discretionary Select Sector Index. It is the largest and the most popular product in this space with AUM of $19.2 billion and charges 0.0.08% in expense ratio. The product has a Zacks ETF Rank #3 with a Medium risk MSCI India ETF (INDA)Lower oil prices are benefiting India the most as it is the world's third-largest importer of crude oil, accounting for two-thirds of crude oil requirements. INDA, the ultra-popular ETF with AUM of $9.1 billion, offers exposure to large and mid-cap companies by tracking the MSCI India Index. It charges 62 bps in annual fees and has a Zacks ETF Rank #3 with a Medium risk outlook (read: India ETFs Bounce Back: Here's Why). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P Retail ETF (XRT): ETF Research Reports Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports iShares MSCI India ETF (INDA): ETF Research Reports U.S. Global Jets ETF (JETS): ETF Research Reports VanEck Oil Refiners ETF (CRAK): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Forbes
15-04-2025
- Business
- Forbes
Here's What You Missed As The S&P 500 Nudged Higher Yesterday
TOPSHOT - This photo taken on March 28, 2019 shows planes from various airlines in storage at a ... More 'Boneyard' facility beside the Southern California Logistics Airport in Victorville, California. (Photo by Mark RALSTON / AFP) (Photo credit should read MARK RALSTON/AFP via Getty Images) The S&P 500 gained nearly 1% yesterday, April 14, 2025, extending a relief rally that lifted most sectors across the board — tech, industrials, consumer, you name it. Market sentiment was broadly positive. But if you were watching closely, there was one glaring exception: Airlines. The U.S. Global Jets ETF (JETS) - which tracks major airline stocks - fell 1.15% while the rest of the market climbed. And this isn't a one-day blip. It's a symptom of a much deeper, concerning trend that many investors may have overlooked. Airlines Are in a Tailspin The JETS ETF has been plummeting all year. The top holdings of the ETF - Southwest (NYSE:LUV), Delta (NYSE:DAL), American (NASDAQ:AAL), and United Airlines (NASDAQ:UAL) - make up over 40% of the fund. And they've tanked heavily this year. The figures below are YTD returns: This isn't sector rotation. This is a sector collapse. And the numbers behind it are as concerning as the charts. Strong Headwinds Are Hurting Growth Historically, airlines have been volatile, but they at least had growth to show for it post-COVID. Over the past 3 years, revenue growth for these carriers ranged from 22-36% annually. But here is the shock: In the last 12 months that momentum evaporated and these airlines grew between 3-6% That's a dramatic slowdown. And without pricing power, it's hard to imagine growth reaccelerating meaningfully from here - especially as economic conditions tighten and consumer discretionary spending cools. And the Debt Load? Things Don't Look Good Take American Airlines for example - with a staggering Debt-to-Equity ratio of 5.4x, a thin operating margin of 5.9%, and a free cash flow margin of merely 2.4% - how exactly does a company with those economics plan to pay down a huge debt load? Southwest isn't faring much better. Once considered a fiscally sound airline, it is now barely breaking even on operating margin, with persistent pressure on both fuel and labor costs. The result: investors are not interested at all. You shouldn't be either. These airline stocks are trading at PE multiples of <10 and PS multiples of <0.5. This is not deep value - this is the market pricing in huge risk. We exclude stocks that price in such huge risks in the Trefis High Quality (HQ) Portfolio which, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride as evident in HQ Portfolio performance metrics
New York Times
11-04-2025
- Sport
- New York Times
Connections: Sports Edition hints for April 11, 2025, puzzle No. 200
Need help with today's Connections: Sports Edition puzzle? You've come to the right place. Welcome to Connections: Sports Edition Coach — a spot to gather clues and discuss (and share) scores. A quick public service announcement before we continue: The bottom of this article includes one answer in each of the four categories. So if you want to solve the board hint-free, we recommend you play before continuing. Advertisement You can access Friday's game here. Game No. 200's difficulty: 3.5 out of 5 Scroll below for one answer in each of the four categories. . . . . . . . . . . . . . . . . . . . . Yellow: ROOKIE Green: JETS Blue: HURRICANES Purple: BOYS The next puzzle will be available at midnight in your time zone. Thanks for playing — and share your scores in the comments! (Illustration: Dan Goldfarb / The Athletic)
