AerCap Holdings - All Time High

The Chart of the Day belongs to AerCap Holdings (NYSE:AER). I found the stock by sorting the All Time High list for the stocks with the best technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 2/2 the stock gained 17.24%.

AerCap Holdings is an integrated global aviation company with a leading market position in aircraft and engine leasing, trading and parts sales.They also provides aircraft management services and performs aircraft and engine maintenance, repair and overhaul services and aircraft disassemblies through its certified repair stations.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 3 new highs and up 1.81% in the last year
  • Relative Strength Index 64.38%
  • Barchart computes a technical support level at 47.39
  • Recently traded at 4993 with a 50 day moving average of 46.90

Fundamental factors:

  • Market Cap $10.60 billion
  • P/E 8.95
  • Revenue expected to grow 40.70% this year and another 2.20% next year
  • Earnings estimated to increase 11.10% this year, an additional 2.60% next year and continue to increase at an annual rate of 4.10% for the next 5 years
  • Wall Street analysts issued 3 strong buy, 6 buy and 3 hold recommendations on this stock

The 50-100 Day MACD Oscillator has been a reliable technical strategy for trading this stock and should continue to be used to determine entry and exit points.

Disclosure: None.

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Joe Economy 9 years ago Member's comment

Things are looking quite buoyant for AerCap with the stock above all 3 moving averages and positive recent earnings. I also like that the the company is based in the Netherlands since the strength of the U.S dollar is making investments overseas a more attractive option. I am concerned that the sector of aircraft rentals might be hit if the economy turns south which it very well might do in the coming year.Corporate aircraft leasing just might be an area that will slow down if the economy slows. Any thoughts?