One important metric to look for in a stock is an 80 or higher Relative Strength Rating. AAR stock cleared that benchmark Tuesday, with a jump from 76 to 81 Tuesday.
IBD's unique rating tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 as they begin their biggest price moves.
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Is AAR Stock A Buy?
AAR stock is working on a consolidation with a 73.95 buy point. See if the defense stock can clear the breakout price in volume at least 40% higher than normal.
The aviation services provider to commercial and government operators posted 13% earnings growth in its most recent report, while sales growth came in at 9%.
AAR stock earns the No. 13 rank among its peers in the Aerospace/Defense industry group. FTAI Aviation, Embraer ADR and Heico Cl A are among the top 5 highly rated stocks within the group. For more industry news, check out "Defense And Aerospace Stocks To Watch And Industry News."
