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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JAMES DETAR

Ryder System Earns Relative Strength Rating Upgrade; Hits Key Threshold

Ryder System saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 70 to 86.

This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against the rest of the market.

History reveals that the market's biggest winners typically have an 80 or better RS Rating as they launch their biggest runs.

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Ryder System is not currently near a potential buying area. See if the stock goes on to build a sound pattern that could ignite a new run.

The company showed -24% EPS growth in its most recent report. Revenue increased 5%.

The company earns the No. 6 rank among its peers in the Commercial Services-Leasing industry group. Air Lease, AerCap Holdings and H&E Equipment Services are among the top 5 highly rated stocks within the group.

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