Bullish on Delta Air Lines as low interest costs will boost earnings: G Squared's Victoria Greene

Group 1: Delta Airlines - Delta Airlines is expected to benefit from lower interest rates due to its asset-heavy nature and significant debt from purchasing new airplanes and modernizing its fleet [2][3] - Fuel costs account for about one-third of Delta's earnings per share (EPS), making lower oil prices advantageous for the company [3][6] - Delta targets higher-end consumers, benefiting from premium seats and corporate travel, which remains strong despite tighter consumer wallets [3][4] Group 2: Viking Cruises - Viking Cruises is positioned to benefit from a Fed rate cut as consumers will experience lower credit costs and potential tax rebates, easing their financial burden [5] - The company has a strong booking rate, with 70% of its capacity for 2026 already booked, indicating robust demand for its high-end cruise offerings [7] - Viking's continued investment in cruise ships and lower debt levels provide a favorable outlook for earnings growth [7][8] Group 3: Lowe's - Lowe's is seen as a strong investment in an improving housing market, particularly if mortgage rates drop below 6% [9][10] - The company is well-positioned to benefit from increased consumer spending on home remodeling and appliances, which have been stagnant [10][11] - Lowe's serves both the construction and professional markets, making it a solid choice for investors looking for exposure to the housing sector [10][11]