When putting together your watch list, focus on stocks with an 80 or higher RS Rating. FTAI Aviation just cleared that benchmark with an upgrade from 79 to 82.
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This proprietary 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 matches up against that of all other stocks.
Decades of market research reveals that the market's biggest winners often have an 80 or better RS Rating as they begin their biggest runs.
While FTAI Aviation is not near an ideal buy zone right now, see if it is able to form and break out from a proper consolidation.
Earnings growth increased last quarter from -23% to 181%. But revenue gains fell from 59% to 54%.
FTAI Aviation earns the No. 34 rank among its peers in the Aerospace/Defense industry group. Astronics, Espey Mfg & Elec and Heico 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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