Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

Calling a sector a “death trap” is as low of a rating you can give an industry. But that’s just what America’s favorite value investor previously said about the airlines industry.

It seems that Warren Buffett has had a change of heart toward airline stocks. He’s recently gone hog wild into the sector, even going so far as to dump shares of long-time Berkshire Hathaway holdings such as Walmart (WMT ) to buy them.

So what gives? Has the Oracle of Omaha lost his mind? Or is Buffett just as shrewd as ever?

Given the airlines’ recent resurgence and newfound focus on profitability, Buffett could be spot-on in his assessment of the industry’s stocks. Dividend.com investors should take note.

Buffett Flies the Friendly Skies

Buffett’s history with airline stocks is a pretty sordid affair. His first – and really only – bet on the sector was a famed $350 million investment on US Airways’ preferred stock back in the late 1980s.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Turning%20knob%20fo%205g
News

A Big Dividend Boost from 5G

By historical standards, the various telecoms are pretty boring stocks to own.

Steady demand,...

News

AbbVie Inc: Banking on HUMIRA

AbbVie Inc (ABBV ) is a biopharmaceutical company that engages in the discovery, development,...

Premium Man%20spotting%20trouble%20through%20binoculars
News

The IMF Sees Trouble Ahead

Unless you’ve been living under a rock, it’s hard to ignore the growth in the global economy.

For...