David Tepper Hearts Airlines (FAA) (DAL) (LCC) (JBLU)
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Airlines, tracked by ETF Guggenheim Airline (NYSE: FAA), are on watch after David Tepper of Appaloosa Management made positive comments on the group in a Bloomberg TV interview.
Tepper said airlines are in the best shape they've been in.
As of the latest quarter, Appaloosa owned stakes in Delta Air Lines (NYSE: DAL), US Airways Group (NYSE: LCC), and JetBlue Airways (Nasdaq: JBLU).
Other related stocks:
United Continental (NYSE: UAL), Southwest Airlines (NYSE: LUV), SkyWest (Nasdaq: SKYW), Spirit Airlines (Nasdaq: SAVE), Hawaiian Holdings (NYSE: HA).
Tepper said airlines are in the best shape they've been in.
As of the latest quarter, Appaloosa owned stakes in Delta Air Lines (NYSE: DAL), US Airways Group (NYSE: LCC), and JetBlue Airways (Nasdaq: JBLU).
Other related stocks:
United Continental (NYSE: UAL), Southwest Airlines (NYSE: LUV), SkyWest (Nasdaq: SKYW), Spirit Airlines (Nasdaq: SAVE), Hawaiian Holdings (NYSE: HA).
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