One important metric to look for in a stock is an 80 or higher Relative Strength Rating. FTAI Aviation now clears that threshold, with a jump from 75 to 85 Tuesday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest price moves.
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While FTAI Aviation is not near an ideal buy point right now, see if it is able to form and break out from a proper chart pattern.
FTAI Aviation reported -23% EPS growth in the latest quarterly report. Sales increased 59%. Keep an eye out for the company's next round of numbers on or around Apr. 24.
The company earns the No. 38 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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