AerCap Soars to New Heights

AerCap Holdings, a global aviation leasing giant, has seen a remarkable surge, reaching an all-time high of $146.55 in December. With a market value of $27.2 billion and a 52% increase over the past year, the stock is fueled by strong momentum and a perfect buy rating from Barchart. The Trend Seeker signal flipped to buy in October, and since then, shares have jumped 11.37%. The companys core business in aircraft and engine leasing, along with low short interest and expected revenue and earnings growth, makes it a top player in the industry. Wall Street is bullish, with nine strong buy ratings and price targets up to $290. Despite being slightly overvalued, AerCap looks solid for the long haul, with a trailing P/E ratio of 9.79 and a dividend yield of 0.74%.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.