On tonight’s MAD MONEY on CNBC, Cramer’s Brazilian airline pick is GOL Linhas Areas Inteligentes, or “GOL” (GOL-NYSE/ADR) for South and Central America. This used to be the low-cost provider there in Brazil for domestic flights, but its competitor filed for bankruptcy and some were worried the relaunched company would hurt GOL. But GOL bought the bankrupt company with planes, gates, and routes for just over $100M and is now close to a monopoly. Cramer thinks that GOL will hike prices. He thinks you can chase it because you might not see weakness for a long time. This is a way to play a monopoly in Brazil.
In a call-in he did back Boeing positively (BA). As far as buying JetBlue (JBLU), Cramer thinks that at $11+ you can see if it sells off with higher oil prices then you can buy it.
Jon C. Ogg can be reached at email@example.com; he does not own securities of the companies he covers.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.