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GATX (GMT) in Focus: Stock Moves 5% Higher in Session

GATX Corp.GMT was a big mover last session, as the company saw its shares rise 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $35.12 to $41.56 in the past one-month time frame.

This transportation - equipment and leasing industry stock witnessed two positive estimate revisions over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for GATX. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.

GATX carries a Zacks Rank #3 (Hold).

However, a better-ranked stock in the same space is Air Lease Corporation AL , carrying a Zacks Rank #2 (Buy).

Is GMT going up? Or down? Predict to see what others think: Up or Down

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GATX CORP (GMT): Free Stock Analysis Report

AIR LEASE CORP (AL): Free Stock Analysis Report

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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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