Forget Airlines: This Under-the-Radar Stock Is Ready to Fly

Forget Airlines: This Under-the-Radar Stock Is Ready to Fly

When it comes to making money from the skies, airline stocks may be the obvious play. But those who are willing to go a little deeper might find more value in aircraft lessors, companies that make their money leasing planes to the airlines that operate them.

Shares of one aircraft leasing business, AerCap Holdings N.V. (NYSE: AER), trade at a discount to book value and a single-digit multiple of earnings, a rare bargain in a world where the S&P 500 trades at about 25 times earnings.

Here's why I think AerCap is one of the best bets on the market today.

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Source: Fool.com