Cramer: Stay Away From Airline Stock

Airline Stock Just in time for Memorial Day, we all know way too well about all the long lines at the airports with people trying to go somewhere. It’s...


Airline Stock

Just in time for Memorial Day, we all know way too well about all the long lines at the airports with people trying to go somewhere. It’s crazy and you could wait hours trying to get through security. With plenty of time to think when you’re in line, do you ever wonder about how well the airlines may be doing and do you ever think about investing stock in some of your favorite airlines considering with how many people travel everyday?

Airlie2

Believe it or not, now is not the right time. There are more price wars going on in the airline industry than people realize and that should make investors wary about jumping into airline stock said Jim Cramer.

United did not report a good quarter, American is having some problems with the strong dollar and it just goes on and on from there. So if you’re looking to invest you might want to hold off investing in the airline industry for a little while….stay tuned!

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