Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Previously Mediocre AerCap Holdings Just Became An Outstanding Investment

AerCap Holdings (NYSE:AER) is in a pretty unusual niche in the financial world. The Netherlands based company is a global lessor of aircraft. Basically the company owns aircraft and then leases them out to commercial airlines, freight companies, etc. In this role the company competes with financial institutions, aircraft brokers, aircraft manufacturers, and others. Yet at the end of the day, the leasing portion of the business, which is AER's specialty, is at its core a financial business. AER buys the planes at some fixed price, and then leases them out to other companies at some rate giving AER a (relatively) fixed rate on their investment. The less AER can buy the planes for and the more they...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details