On Wednesday, Air Lease received an upgrade to its Relative Strength (RS) Rating, from 65 to 71.
IBD's proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating north of 80 as they launch their largest runs. See if Air Lease can continue to show renewed price strength and hit that benchmark.
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Air Lease is working on a consolidation with a 52.31 entry. See if the stock can clear the breakout price in volume at least 40% above average.
Air Lease saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -26% to -25%. Revenue rose from -1% to 5%.
Air Lease earns the No. 10 rank among its peers in the Commercial Services-Leasing industry group. Willis Lease Finance, GATX and McGrath RentCorp are among the top 5 highly rated stocks within the group.
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