Get all your news in one place.
100's of premium titles.
One app.
Start reading
MarketBeat
MarketBeat
Gabriel Osorio-Mazilli

Stanley Druckenmiller Bets Big on Airline Stocks – Should You?

Stanley Druckenmiller, from Duquesne Capital, has a 30-year track record with average annual returns of 30%, which is up there with the much longer record generated by Buffett. However, this one was made using a completely different strategy. Druckenmiller is more of a global macro trader, not looking at stocks from a perspective over six or nine months.

Over the past quarter, data shows that he’s decided to leave some of the technology sector growth names, like Microsoft Inc. (NASDAQ: MSFT), and replace this liquid capital with holdings in airline stocks. His picks were Delta Airlines Inc. (NYSE: DAL), United Airlines Holdings Inc. (NASDAQ: UAL), and even American Airlines Group Inc. (NASDAQ: AAL). Investors will see some trends behind this decision, with another honorable mention to consider today.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.