Willis Lease Finance saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 71 to 81.
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IBD's unique rating identifies price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the top-performing stocks typically have an RS Rating north of 80 as they begin their biggest climbs.
Willis Lease Finance has risen more than 5% past a 67.50 entry in a fourth-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings growth rose last quarter from -26% to 36%, but sales fell from 32% to 29%.
Willis Lease Finance earns the No. 6 rank among its peers in the Commercial Services-Leasing industry group. United Rentals, Air Lease and McGrath RentCorp 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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