In a welcome move, Air Lease saw its Relative Strength Rating improve from 69 to 73 on Wednesday.
This proprietary rating identifies 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 best stocks often have an RS Rating north of 80 as they begin their largest price moves. See if Air Lease can continue to show renewed price strength and clear that threshold.
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Air Lease is working on a double bottom with a 50.43 entry. See if the stock can break out in heavy trade.
The company showed -18% earnings growth in the latest quarterly report. Sales increased 4%.
Air Lease earns the No. 7 rank among its peers in the Commercial Services-Leasing industry group. AerCap Holdings, United Rentals and Willis Lease Finance are among the top 5 highly rated stocks within the group.
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