The Zacks Analyst Blog Highlights: iShares Dow Jones Transportation Average Fund, SPDR S&P Transportation ETF, U.S. Global Jets ETF and PowerShares Dynamic Leisure and Entertainment Portfolio
For Immediate Release
Chicago, IL – September 06, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include iShares Dow Jones Transportation Average Fund (IYT), SPDR S&P Transportation ETF ( XTN), U.S. Global Jets ETF (JETS) and PowerShares Dynamic Leisure and Entertainment Portfolio (PEJ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Friday’s Analyst Blog:
Labor Day Weekend Travel Puts These ETFs in Focus
The Labor Day holiday weekend is coming up and Americans will try to make the most of the three remaining days of the summer travel season. While these are mostly about fun and frolic, the investing world can also cash in on this travel trend as transportation stocks and ETFs become its largest beneficiaries.
Improved wages and a healing job market have encouraged consumers to binge on discretionary activities like traveling. Consumer confidence was also at an 11-month high in August indicating that people have greater confidence in economic well-being. Investors should note that higher wages and lower gas prices pushed up consumers’ disposable income by 3.5% over last year (read: ETFs to Buy After Strong Jobs Report).
AAA indicated that over 35 million Americans will travel this year during the Labor Day holiday weekend, marking “the highest travel volume for the holiday since 2008 and a one percent increase over 2014.”
How Does Travel Benefit ETFs?
AAA also hinted that cheaper gas prices would likely lead many travelers to opt for a road trip. The price of gas will in fact bethe lowest in 12 years this Labor Day weekend (read: Oil in Bear Territory: Short Oil & Energy ETFs).
As per the source, the average price of gas this summer was 26 cents lower than last year and $1.34 below the levels seen in 2013 and 2014. Around 86% of all travelers will hit the roads. And road travel will likely rise 1.1% this year.
Air travel will see an increase of 4% year over year this Labor Day weekend. Air travel volume will likely be the maximum in nine years for this holiday period and will see a year-over-year uptick of 1.5%. Lower air ticket prices are one of the reasons for this jump.
And since no vacation is complete without eating out and shopping, restaurants and lodging stocks also deserve a note.
Below we highlight a few ETFs that stand to gain on final summer holidays.
Transportation ETFs
These ETFs offer exposure to railroad, air freight & logistics, trucking and airlines. The choices are:
iShares Dow Jones Transportation Average Fund (IYT)
SPDR S&P Transportation ETF (XTN)
Airline ETF
U.S. Global Jets ETF (JETS)
This fund provides exposure to the global airline industry, including airline operators and manufacturers from all over the world. JETS was up about 4% in the last one month (read: 3 ETFs & Stocks to Fly High on Busy Summer Travel ).
Leisure and Entertainment ETF
PowerShares Dynamic Leisure and Entertainment Portfolio (PEJ)
The fund gives exposure to a broader array of leisure and entertainment stocks that include restaurants, cruise companies, airlines and leisure travel companies. The 35-stock fund’s top three holdings are United Continental Holdings, Yum! Brands and Delta Air Lines.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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-SP TRANSPT (XTN): ETF Research Reports
US GLOBAL JETS (JETS): ETF Research Reports
ISHARS-TRAN AVG (IYT): ETF Research Reports
PWRSH-DYN LE&EN (PEJ): ETF Research Reports
To read this article on Zacks.com click here.
