GATX saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 67 to 71.
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IBD's proprietary rating tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves. See if GATX can continue to rebound and hit that benchmark.
GATX is trying to complete a consolidation with a 168.89 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
GATX reported 7% EPS growth in the latest quarterly report. Revenue rose 11%.
GATX holds the No. 2 rank among its peers in the Commercial Services-Leasing industry group. AerCap Holdings 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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