Billionaire Investor Stanley Druckenmiller Just Piled Into a Sector That's Finally Getting Off the Ground. Are These 3 Stocks a Buy?
It's not uncommon for Stanley Druckenmiller to buy a group of stocks in one particular sector. The billionaire investor has done this frequently with tech stocks and, recently, financials. That's because Druckenmiller keeps a close eye not just on the performance of individual companies but also on the broader economy. Certain conditions favor some sectors over others, so astute investors can detect changes in the cycle and shift their portfolio to pick stocks suited to outperform. In the fourth quarter, filings show that Druckenmiller's fund, the Duquesne Family Office, launched new stakes in three stocks that were finally getting off the ground.In the fourth quarter, Druckenmiller piled into airline stocks, scooping up shares of three major carriers. His purchases include:Druckenmiller hasn't owned United since 2017, Delta since 2020, and American since 2019. After the onset of the COVID-19 pandemic, many investors, including Warren Buffett, shunned airline stocks, questioning if travel would ever be the same, given what had just happened to the economy. It took several years, but airline stocks have performed well since the back half of 2024, although returns are still dreadful compared to the broader market.Continue reading
It's not uncommon for Stanley Druckenmiller to buy a group of stocks in one particular sector. The billionaire investor has done this frequently with tech stocks and, recently, financials. That's because Druckenmiller keeps a close eye not just on the performance of individual companies but also on the broader economy. Certain conditions favor some sectors over others, so astute investors can detect changes in the cycle and shift their portfolio to pick stocks suited to outperform. In the fourth quarter, filings show that Druckenmiller's fund, the Duquesne Family Office, launched new stakes in three stocks that were finally getting off the ground.
In the fourth quarter, Druckenmiller piled into airline stocks, scooping up shares of three major carriers. His purchases include:
Druckenmiller hasn't owned United since 2017, Delta since 2020, and American since 2019. After the onset of the COVID-19 pandemic, many investors, including Warren Buffett, shunned airline stocks, questioning if travel would ever be the same, given what had just happened to the economy. It took several years, but airline stocks have performed well since the back half of 2024, although returns are still dreadful compared to the broader market.
