AAR Corp had its Relative Strength (RS) Rating upgraded from 77 to 82 Tuesday.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matches up against the rest of the market.
Decades of market research reveals that the market's biggest winners typically have an 80 or better RS Rating in the early stages of their moves.
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AAR Corp is trying to complete a consolidation with a 76.34 buy point. See if the stock can break out in heavy trading.
Taking a look at revenue and profit performance, AAR Corp has posted two quarters of accelerating earnings growth. Sales gains have also increased during the same period. AAR Corp is expected to release its next quarterly numbers on or around Mar. 27.
The company earns the No. 11 rank among its peers in the Aerospace/Defense industry group. EHang Holdings ADR, Elbit Systems and Heico are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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