One important metric to look for in a stock is an 80 or higher Relative Strength Rating. AAR Corp cleared that benchmark Tuesday, with a jump from 78 to 81 Tuesday.
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IBD's unique RS Rating tracks 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 reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their biggest price moves.
AAR Corp is building a consolidation with a 76.34 entry. See if it can clear the breakout price in heavy trading.
Earnings growth moved up in the company's latest report from 11% to 16%, but sales fell from 26% to 20%. The next quarterly numbers are expected on or around Jul. 16.
The company earns the No. 6 rank among its peers in the Aerospace/Defense industry group. Espey Mfg & Elec, 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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