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Technology Stocks : Aircraft leasing companies. FLY, AER, WLFC
AER 90.83+2.0%Jun 17 4:00 PM EDT

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From: JakeStraw6/28/2018 12:23:40 PM
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Air Transport Services Group Stock Upgraded
"We continue to see renewed interest in air cargo, as supply chains speed up in response to the growth of e-commerce," argues Stifel. "ATSG is well positioned as one of the leaders in the acquisition, conversion, leasing, maintenance, and operations of freighters."

Amazon may now be one of the biggest parts of its business, but ATSG gets as much revenue from DHL (28% last quarter) and is also a big supplier to the U.S. military (11% of revenue). In total, ATSG was leasing out 52 freighters to "external customers" such as these at the end of last quarter.

Stifel says it finds ATSG shares "attractive" at current prices, "given the long-term growth prospects for the business -- with Amazon and outside of Amazon."
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