Fly Leasing, Ltd. (NYSE:FLY)

CAPS Rating: 5 out of 5

The Company was formed to engage in the business of financing as well as acquiring, leasing and selling commercial jet aircraft to airlines.

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Player Avatar KurtEng (32.93) Submitted: 10/21/2010 11:49:00 AM : Outperform Start Price: $11.92 FLY Score: -8.19

P/E of 6.8 and a dividend yield over 6% make this stock seem like a rdiculously good deal. With airlines doing well I expect demand for leases to remain high, so the downside doesn't seem bad. Insider ownership is nearly 15%, which gives me an extra vote of confidence.

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