He adds one third of the Blue Star’s clients are sports and entertainment customers, another third are corporate executives and the final third are up-and-comers.
Guy says the trade is General Dynamics (GD) the company making the Gulfstream and Textron (TXT) the company making the Cessna, as well as Rockwell Collins (COL) for instrumentation.
Guy also recommends Embraer-Empresa Brasileir de Aero (ERJ) a Brazil based company that also makes jets.
Eric Bolling agrees.
Jeff Macke tells the panel this trend is the reason why airports are becoming so clogged and consequently commercial airlines are experiencing such long delays. He jokes that they should all short the airlines.
Pete Najarian likes Morton’s (MRT), Tiffany & Co. (TIF) and Allergan (AGN) as plays on the luxury market.