Take a Trip and Follow the Money
Many sectors took a hit from the COVID-19 pandemic, but maybe none more so than travel stocks. With the world shut down by periods of hefty travel restrictions, airline stocks were selling off like crazy.
As earnings season heats up, is now the time to start buying them again?
It might be. United Airlines posted some very lackluster earnings, but that could change if the vaccines begin to do their job and return us to some normalcy.
However, if you want to get back into travel stocks, you have to be smart about it.
New Money Crew Head trader Joshua Belanger has a strategic method to take advantage of these low-flying airline stocks.
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