David H. Lerner advises avoiding consumer discretionary brands like Nike and Lululemon due to weakened value and loyalty, leading to their underperformance. Instead, he is focusing on the consumer experience sector, especially travel and entertainment stocks, which benefit from growth driven by affluent, aging demographics. Lerner is investing in both asset-light companies (e.g., Airbnb, Booking Holdings) and asset-heavy companies (e.g., Alaska Air, Delta) at significant discounts from their 52-week highs. He remains optimistic about travel demand among baby boomers and continues to monitor inflation risks while seeking further opportunities in asset-light stocks.
United Airlines stock surged 6% after the company forecasted record Q4 revenue growth exceeding 20% year-over-year, driven by strong demand and premium services. Despite a significant increase in fuel costs weighing on profits, investors are optimist...
The FAA has officially certified the Boeing 737 Max 10, the largest model in Boeing's 737 Max family, after multiple years of delays caused by safety concerns and engineering revisions. This certification is a significant milestone for Boeing, enabli...
American Airlines shares rose 5%, outperforming United and Delta, as oil prices fell, easing fuel cost pressures. The airline is set to report Q3 2026 earnings with an expected loss, but strong revenue growth and demand could offset fuel expenses. In...
American Airlines shares have fallen 23% this year, underperforming rivals like Delta and United, mainly due to soaring fuel costs that severely squeezed profits despite record revenue growth. The airline's Q2 revenue rose 16.3% to $16.7 billion, but...
U.S. holiday airfares for Thanksgiving and Christmas have risen sharply, up 31% and 23% respectively, as airlines increase prices to cover soaring fuel costs amid Middle East tensions. Indonesian stocks are under pressure after MSCI warned it may dow...
