AAR Corp saw an improvement in its IBD SmartSelect Composite Rating Monday, from 94 to 96.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. Winning stocks often have a 95 or higher score in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
AAR Corp is currently forming a consolidation, with a 73.95 entry. Look for the stock to break out in heavy trade at least 40% higher than normal.
Discover The 3 Keys To Successful Stock Investing
The stock has an 83 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 83% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
The company reported a 13% EPS gain for Q3. Sales growth came in at 9%, down from 16% in the prior quarter.
AAR Corp earns the No. 14 rank among its peers in the Aerospace/Defense industry group. Heico Corp, Heico Cl A and Woodward are among the top 5 highly-rated stocks within the group.
