On Wednesday, AerCap Holdings got a positive adjustment to its Relative Strength (RS) Rating, from 79 to 83.
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IBD's proprietary RS 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.
Over 100 years of market history reveals that the top-performing stocks often have an 80 or better RS Rating as they begin their biggest climbs.
AerCap Holdings is trying to complete a double bottom with a 105.03 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 6%, compared to -14% in the prior report. Revenue increased from 3% to 9%. Look for the next report on or around Apr. 30.
The company holds the No. 3 rank among its peers in the Commercial Services-Leasing industry group. GATX is the No. 1-ranked stock 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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