AerCap Holdings had its Relative Strength (RS) Rating upgraded from 78 to 82 Monday.
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This proprietary rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of other stocks on the major indexes.
History shows that the best-performing stocks often have an RS Rating of at least 80 as they begin their biggest climbs.
AerCap Holdings is building a double bottom with a 105.03 buy point. See if it can break out in volume at least 40% higher than normal.
Earnings grew 6% last quarter, up from -14% in the prior report. Revenue also increased, from 3% to 9%. The next quarterly results are expected on or around Apr. 30.
AerCap Holdings earns the No. 3 rank among its peers in the Commercial Services-Leasing industry group. GATX is the No. 1-ranked stock 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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