Are any airline stocks worth buying on sale?
Two traders grappled with that question on Tuesday as the group slid on concerns around a fuel shortage stemming from this weekend’s cyberattack on a major U.S. pipeline.
The U.S. Global Jets ETF (JETS), a basket of 39 airline stocks, ended trading down more than 1.5% on Tuesday. It is down about 8% from its recent highs made in March.
“Not all airlines are created equal,” said Nancy Tengler, chief investment officer at Laffer Tengler Investments.
Southwest has hedges in place…