Jim Cramer Says Warren Buffett May Love Airlines, But Investors Shouldn't Chase the Stocks Higher
Jim Cramer cautions investors not to pile into airline stocks just because Warren Buffett now owns them.
Improved pricing for airlines is one reason why Warren Buffett may have invested in the sector, but TheStreet's Jim Cramer says that doesn't mean investors should pile into the stocks. Cramer points out that airline stocks have already moved off their lows, and he doesn't think investors should chase the names because they've already run higher. Cramer has been bullish on Southwest (LUV) - Get Report , but he missed an opportunity to get in when the stock was trading lower. Cramer is also a fan of United Continental (UAL) - Get Report .
