Air Lease saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 67 to 74.
IBD's unique RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating of over 80 in the early stages of their moves. See if Air Lease can continue to rebound and clear that threshold.
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Air Lease is building a consolidation with a 52.31 buy point. See if it can break out in heavy trading.
Top and bottom line growth moved higher last quarter. Earnings were up -25%, compared to -26% in the prior report. Revenue increased from -1% to 5%.
The company holds the No. 11 rank among its peers in the Commercial Services-Leasing industry group. Willis Lease Finance, Herc Holdings and GATX are among the top 5 highly rated stocks within the group.
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