AerCap (AER) Hovers Around New Highs After 400% Rally From Lows

Investors are often advised to look into stocks that are gaining momentum and by that principle; investors could consider looking into the AerCap Holdings NV (NYSE: AER) stock.

The stock of the Ireland-based company has gained considerable momentum in recent days and managed to hit new highs. The optimism around the stock comes from the fact that AerCap is expected to be combined with the aircraft leasing business of the behemoth General Electric Co. It is a major development and it is easy to see why investors might be excited.

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The combination of the businesses is expected to come about in a deal that is worth as huge as $30 billion, according to reports. The exact structure of the deal has not been reported yet but investors need to note that an announcement might be forthcoming today. If that happens, then there is a possibility of the AerCap stock being in focus among investors today. It might be a good idea to watch the stock closely today and keep an eye out for fresh developments.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life