Here's Why You Should Avoid Investing in Air Lease Stock Right Now
Air Lease (AL) ZACKS·2024-12-18 17:25
Air Lease Corporation (AL) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Let’s delve deeper.Unimpressive Price Performance: Air Lease has gained 17% so far this year but underperformed its industry’s surge of 48%.YTD Price ComparisonImage Source: Zacks Investment ResearchWeak Zacks Rank: Air Lease currently carries a Zacks Rank #4 (Sell).Southward Earnings Estimate Revision: The Zacks Consensus Estimate for fourth-quarter 2024 earnings has been r ...