US Global Jets (JETS)

Airline stocks are high beta, very volatile. Travel numbers are getting back to pre-pandemic levels. To mitigate single-name risk, you could look at the JETS etf, with 70% of names in the US. If you're OK with the volatility, this is a good medium-longer term investment.

An Airline ETF Recommendation. It is a bottom picking exercise. You have a significant drawdown on these stocks and they had a marginal recovery. He would suggest JETS-N as the purest play. IYT-T is a transportation ETF. Don't rush into it. It might be better to wait until this ETF improves in its price. Wait for it to get to $20.

Upcoming seasonal weakness for oil will be a tailwind. Seasonality is end of August to November.

An ETF that is an easy way to get the North American airlines. He also likes South American airlines. People are flying again.

He is generally not a fan of airlines. This has a management fee of 60 basis points and was just launched by US Global Investors. It should be positioned well in this environment. You might also want to consider Copa Holdings (CPA-N). The industry is pretty cyclical, so you have to be very careful.