Forget Airline Stocks -- This Aircraft Leasing Stock Is a Better Buy Right Now
It's been a tough year for the airlines, and for the multitude of industries that rely on aviation for revenue. The COVID-19 pandemic has caused global travel demand to plummet, and it will likely take years before the industry fully recovers.
The stocks look cheap, with most airlines and major suppliers including Boeing (NYSE: BA) off 50% or more year to date. But the risks are real. The airlines are bleeding through millions per day and expect to continue doing so into 2021.
I believe aviation will eventually recover, and I'm personally comfortable accepting the risk and buying into a few of the top names in the industry and hoping for the best. But for those who are interested in betting the industry will recover without taking on the risk associated with owning an individual airline, AerCap Holdings (NYSE: AER) is a name to add to the watchlist.
Source Fool.com
