The Relative Strength (RS) Rating for AAR Corp climbed into a higher percentile Friday, as it got a lift from 66 to 75.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the market's biggest winners often have an 80 or higher RS Rating in the early stages of their moves. See if AAR Corp can continue to show renewed price strength and clear that threshold.
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AAR Corp is building a consolidation with a 76.34 buy point. See if the stock can break out in volume at least 40% above average.
Regarding top and bottom line numbers, the company has posted two quarters of accelerating earnings growth. Sales gains have also increased over the same time frame. The company is expected to release its next quarterly numbers on or around Mar. 27.
The company earns the No. 13 rank among its peers in the Aerospace/Defense industry group. Embraer ADR, Heico and Heico Cl A 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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