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U.S. Global Jets ETF (JETS)

NYSEArca - NYSEArca Delayed Price. Currency in USD
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22.60-0.32 (-1.40%)
At close: 4:00PM EDT
22.53 -0.07 (-0.31%)
After hours: 07:58PM EDT
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  • N
    NM
    Last chance to board $JETS? Fundamentally speaking, if you think about where airlines are going in the next 1 to 2 years, I'm pretty sure you can make a case that it will be better than now. I think at the current moment, it's experiencing the worst situation -- COVID and the delta variant, the slow churn of reopenings and restrictions. Having a look at the past year chart (post-covid), we peaked in Mar 2021 where I think Delta fears came around again, and that was reflected in JETS, rightfully so. Cases of Delta has subsisded as you can see from the John Hopkins daily cases tracker here (https://coronavirus.jhu.edu/data/new-cases). Cases in the US peaked again around September and around May for India. Of course, there may be more strains in the future that we are going to have to deal with, but with more people getting vaccinated, and as pharmaceutical research continues to develop, I think we will be better suited to handle any future spikes.

    On another note related to inflation, I think investors are increasingly seeking out companies that have "pricing power" because companies with pricing power are able to pass on the costs more easily to the consumer. Naturally, these "price makers" are monopoly or oligopoly type firms. I might be wrong here, but what better oligopoly exists than the major airlines. Barriers to entry are high and I don't think you can start an airline overnight. Furthermore, if you're talking about buying into firms with pricing power, I don't know any other product out there where the prices for a product can change within the day/hour/week like flight prices. And the fact that people buy tickets even after a 30% increase just speaks to the fact that a flight to Mexico or overseas just isn't really that substitutable -- are you going to drive or take a boat?

    So, I think there is value here and my sentiments are bullish on JETS. It will depend on your time horizon. I think that you can quote that Oil prices are high now yes, so it will affect their next quarter and maybe the quarter after that. But if you're looking out well ahead, can you really forsee the entire airline industry doing much worse than it is doing now? given that COVID is subsiding and things are reopening.
    Have countries flattened the curve? Daily confirmed new COVID-19 cases for the most affected countries over time.
    Have countries flattened the curve? Daily confirmed new COVID-19 cases for the most affected countries over time.
    coronavirus.jhu.edu
  • S
    Sally
    I"m not sure about this. Much higher fuel prices might offset the increase in travel. While airline tickets are low now they will go up because fuel costs have gone up. So will their earnings go up because of increase in ticket sales or will they remain the same because it will be offset by the higher fuel prices? I don't know enough about this industry to know if this is a good investment.
  • J
    James
    It you look at JETS stock price, you would think that people are not going to fly anymore. Just the opposite. Latent built up demand is enormous. So much has been put on hold over the past few years. Airlines will make money on freight services also, as supply chain problem is worsening.
  • H
    HD
    TSA travelers were 2,169,783 on Friday, the most in over 2 months. With Delta variant no longer alarming, JETS will rocket over the next few weeks as airlines report positive results and outlook!
  • J
    James
    Going down cause nobody wants to fly. Really?
  • V
    VirginiaLova
    $BA conversation
    CHICAGO, Sept 24 (Reuters) - Delta Air Lines (DAL.N) sees a place for Boeing's 737 Max airplane at the carrier as it looks to reshape its fleet over the next decade, Airline Weekly reported on Thursday, citing comments by Delta's chief executive.

    $DAL $GE $JETS $BA
  • B
    Bill R
    with the price at $22.98 today, 30% potential gain if this returns back to 2019 highs.... it's just going to take time
  • t
    tmp
    24.65-24.7 close to end the week will be fine too. IMO
    market is shaky lately but airlines showing strength.
  • t
    tmp
    waiting for breakout of 23.5-23.6+ close.
  • T
    TyroneBiocrat
    $CVX conversation
    Chevron Corporation $CVX and $GEVO announced a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel.

    $JETS $LUV $UAL $AAL $DAL $ALK $JBLU $SAV $ALGT $GD $IYT $XTN
  • T
    T
    This ETF along with all North American airlines has been moving sideways for a few months now. I believe no stock will move sideways forever so something is bound to happen....
  • w
    will william
    This is a no brainer, buy now and wait till next earnings! Airlines are back and people are flying again. Looking for 28 - 31 by years end. I could wait wait 4 months for big return Fly the friendly skis go JETS
  • j
    joe
    Load upppp
  • f
    franny
    dang! What a close to the week....Could be 3rd quarter window dressing for fund managers, but a nice day nonetheless. : )
  • H
    HILO
    Happy September! why did all these airlines hit an air pocket on the open? someone spill their coffee on the algo keyboard? Fact remains, covid delta bs is rolling over. great story in the NYT on this cycle.
  • V
    VictimOfFraud
    $AAL conversation
    HOOOOLD THE BAG
    BK is NEAR <333

    $DAL $AAL $UAL $SAVE $JETS $JBLU $ALK
  • w
    will william
    Great stock and it keeps falling. The delta variant is here but i see planes in the sky. This is going no where but up, stock is just being brought down by all the corvid gloomers. People come on this virus is here and we have to live with it. So stop talking about it and keep doing what you use to. Heading back to 30 by xmas. People are flying i see planes in the sky this quarter will be better than last, buy more now hold and you will be rewarded.
  • V
    VictimOfFraud
    $AAL conversation
    HOOOOLD THE BAG
    BK is NEAR <333

    $DAL $AAL $UAL $SAVE $JETS $JBLU $ALK
  • V
    VictimOfFraud
    $AAL conversation
    Global economy is crashing, baggies are done >3

    $DAL $AAL $UAL $SAVE $JETS $JBLU $ALK
  • A
    Anonymous
    I'm a buyer at $20.