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

Investment Recommendations - G Squared Private Well recommends Delta Airlines and Viking Cruises as potential beneficiaries of Fed rate cuts [1][4] - G Squared Private Well suggests Lowe's as a play on an improving housing market [8][11] Airline Industry (Delta) - Airlines are asset-heavy with significant debt, benefiting from lower interest rates [2] - Fuel costs account for approximately one-third of Delta's EPS [3] - Delta caters to higher-end consumers through premium seats, corporate travel, and international routes [3] Cruise Industry (Viking) - Cruise companies are asset-heavy, with high costs associated with building and operating cruise ships [6] - Viking targets high-net-worth individuals with river cruises in Europe and expeditions to the South Pole [7] - Viking already has 70% of its 2026 cruises booked, exceeding its 2025 run rate [7] - The IEA anticipates a potential oversupply of oil markets by 4 million barrels a day, which could lower fuel prices [6] Home Improvement (Lowe's) - Lower mortgage rates, potentially below 6% from the current average of 63%, could stimulate the housing market [9] - Lowe's benefits from increased remodeling activity and appliance sales [10] - Lowe's serves both the construction/professional market and the consumer market [10]