Delta Air Lines, Inc. (NYSE:DAL), American Airlines Group Inc (NASDAQ:AAL) and Southwest Airlines Co (NYSE:LUV) are part of the airline theme Jim Cramer urged investors to use in a discussion on CNBC.

At the start of his program Mad Money, Cramer opened by asking what the current rally in the markets means. According to Cramer, the move of the markets now indicate that next quarter profits are believed to be better than expected.

Delta Air Lines, American Airlines, Southwest Airlines, is Delta Air Lines a good stock to buy, is American Airlines a good stock to buy, is Southwest Airlines a good stock to buy, Jim Cramer

The CNBC host then went on to urge investors to get into the themes that he discussed, including airlines which featured Delta Air Lines, Inc. (NYSE:DAL), American Airlines Group Inc (NASDAQ:AAL) and Southwest Airlines Co (NYSE:LUV). Cramer explained:

“For theme number 5, welcome back airlines. Whether it be the higher price of fuel or the worries about a consumer slowdown, one of my favorite groups have been taking what I regard as a well-earned rest. But no sleeping beauties here with Delta, American and Southwest busting out today. You want companies that are going to report huge earnings surprises? I think this group will be loaded with them. My favorite is American.”

According to Cramer in closing, it may seem to investors that they have missed these moves but they haven’t. “Exploit the themes, especially when we get that inevitable pullback a few days into this new quarter,” he said.

Watch the segment below.

 

Delta Air Lines, Inc. (NYSE:DAL) investors includes Thomas E. Claugus’ Gmt Capital which reported by the end of March about 8.02 million shares in the company. Another investor is Donald Chiboucis’ Columbus Circle Investors which reported during the same period a holding of about 7.07 million shares.

Southwest Airlines Co (NYSE:LUV) shareholders includes Edgar Wachenheim’s Greenhaven Associates which said by the end of the first quarter that they have about 11.21 million shares in the company. Another shareholder is Par Capital Management managed by Paul Reeder and Edward Shapiro which said it had about 4.82 million shares in the company by the end of the first quarter of the year.

 

Disclosure: None

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