Why Did AerCap Stock Drop Despite A Strong Buy Rating
AERAerCap N.V.(AER) Seeking Alpha·2024-08-03 22:36
shaunl/E+ via Getty Images In May, I covered AerCap (NYSE:AER) with a strong buy rating and the truth is that with a 2.4% return against a 5.5% return AerCap stock has not shown the performance we are looking for on names with a strong buy rating. However, since my buy rating from four years ago AER stock has tripled in value against a 81.8% for the broader markets. In this report, I will be discussing the Q2 2024 earnings, AerCap’s liquidity, the guidance update for 2024 and value AerCap based on a boo ...