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Air Lease Reaches 80-Plus Relative Strength Rating Benchmark

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On Monday, Air Lease ( AL ) got a positive adjustment to its Relative Strength ( RS ) Rating , from 80 to 84.

[ibd-display-video id=2385970 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the best-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves.

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Air Lease is in a buy range after breaking past a 43.49 buy point in a cup without handle . Once a stock moves 5% or higher beyond the original entry, it's considered out of a proper buy zone.

Earnings grew 10% last quarter, up from -8% in the prior report. Revenue also increased, from 5% to 9%. Keep an eye out for the company's next round of numbers on or around Nov. 3.

Air Lease holds the No. 5 rank among its peers in the Commercial Services-Leasing industry group. United Rentals ( URI ) is the No. 1-ranked stock within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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