Willis Lease Finance saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 61 to 71.
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IBD's unique rating measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Willis Lease Finance can continue to show renewed price strength and hit that benchmark.
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 range. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings growth picked up 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. Air Lease, United Rentals 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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