AerCap (AER) is a Great Momentum Stock: Should You Buy?

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: AerCap (AER) - AerCap currently holds a Momentum Style Score of A, indicating strong momentum potential [3]. - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4]. Price Performance - Over the past week, AerCap shares increased by 4.47%, outperforming the Zacks Transportation - Equipment and Leasing industry, which rose by 4.26% [6]. - In the last quarter, AerCap shares rose by 16.43%, and over the past year, they increased by 48.59%, while the S&P 500 only moved 5.09% and 14.7%, respectively [7]. Trading Volume - AerCap's average 20-day trading volume is 1,426,805 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, five earnings estimates for AerCap have been revised upwards, raising the consensus estimate from $12.93 to $14.75 [10]. - For the next fiscal year, five estimates have also moved higher, with no downward revisions during the same period [10]. Conclusion - Given the strong momentum indicators and positive earnings outlook, AerCap is positioned as a solid momentum pick with a 1 (Strong Buy) rating and a Momentum Score of A [12].