Core Viewpoint - The article emphasizes the importance of confirming the sustainability of a trend in short-term investing, highlighting that a solid price trend, supported by strong fundamentals, is crucial for successful trades [1]. Group 1: Stock Performance - AerCap (AER) has shown a solid price increase of 19.1% over the past 12 weeks, indicating investor confidence in its potential upside [2]. - AER has maintained a price increase of 6.6% over the last four weeks, suggesting that the upward trend is still intact [2]. - The stock is currently trading at 97.2% of its 52-week high-low range, indicating a potential breakout [2]. Group 2: Fundamental Strength - AER holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [3]. - The Zacks Rank system has a strong track record, with Rank 1 stocks averaging an annual return of +25% since 1988 [3]. - The Average Broker Recommendation for AER is 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3]. Group 3: Investment Strategy - The article suggests that AER is a strong candidate for trend investing, and there are other stocks that also meet the criteria of the "Recent Price Strength" screen [4]. - The Zacks Premium Screens offer over 45 strategically created options to help investors find winning stock picks [4]. - The effectiveness of stock-picking strategies can be backtested using the Zacks Research Wizard, which includes successful strategies [4].
Here's Why Momentum in AerCap (AER) Should Keep going