In a welcome move, Ryder System saw its Relative Strength Rating rise from 66 to 73 on Monday.
This unique rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 as they begin their largest price moves. See if Ryder System can continue to show renewed price strength and hit that benchmark.
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Ryder System is building a consolidation with a 171.78 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth picked up last quarter from -4% to 17%. But revenue gains fell from 8% to 5%. The next quarterly numbers are expected on or around Apr. 23.
The company holds the No. 5 rank among its peers in the Commercial Services-Leasing industry group. Willis Lease Finance 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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