AAR Corp saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 93 the day before.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
AAR Corp is currently forming a consolidation, with a 76.34 buy point. See if the stock can break out in heavy trade at least 40% above average.
Discover The 3 Keys To Successful Stock Investing
The stock earns an 83 EPS Rating, meaning its recent quarterly and annual earnings growth tops 83% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
The company posted an 11% increase in earnings for Q2. That means it's now delivered two straight quarters of rising EPS growth. Top line growth increased 26%, up from 20% in the prior report. The company has now posted rising growth in each of the last two reports. The company's next quarterly report is expected on or around Mar. 27.
AAR Corp holds the No. 13 rank among its peers in the Aerospace/Defense industry group. Embraer ADR, Heico and Heico Cl A 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.
