Inventory improvements: Airline services show rising relative strength

Air transport services (ATSG) saw its Relative Strength (RS) rating drop from 85 to 93 on Wednesday.


When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength. IBD’s proprietary rating tracks share price performance with a score from 1 (worst) to 99 (best). The rating shows how a stock’s price performance over the past 52 weeks compares to all other stocks in our database.

Decades of market research reveals that the best stocks tend to have an RS rating above 80 when they launch their biggest price moves.

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While now is not the ideal time to invest, see if the stock manages to offer and clear a suitable buy point.

In terms of revenue and earnings, Air Transport Services recorded four quarters of accelerating earnings growth. Revenue growth also increased over the same period. The company is expected to release its next quarterly numbers on or around August 5.

The company ranks first among its peers in the Transportation-Air Cargo industry group. fedex (FDX) and United Parcel Service (UPS) are also among the highest rated stocks in the group.


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