Aircastle Ltd reported first-quarter profit nearly doubled, boosted by sharply higher lease rentals, as it grew its fleet. Citi forecasts a an annualized dividend of $2.07 by 4Q07. A dividend growth model results in a fair value target price of $39 per share.

Dividend Projection (Citigroup) 2007E: $2.05 2008E:$2.17 2009E:$2.28 Genesis has a high quality portfolio of 41 aircrafts that has been cherry-picked from GECAS's vast portfolio of 1,400 planes. Relationship with GECAS is a major competitive advantage in terms of global access to customers.GECAS is demonstrating its commitment to Genesis by remaining invested via its 11% stake for atleast 2 years.

CIT Group is a commercial and consumer finance company providing financing and leasing products and services to clients in a variety of industries (manufacturing,retail,healthcare,transportation) around the globe. Transportation Finance accounts for $12 Billion or 16% of total assets.2006 yielded strong results with earnings doubling and credit metrics improving broadly.At 12.0x next year's earnings the stock is cheap and gives broad sector diversification. Technically the stock should roll over its double-top formation and base around $58 where you should look to add.