[ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's proprietary RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves.
GATX is now considered extended and out of buy range after clearing a 66.40 buy point in a second-stage consolidation . See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
GATX posted negative growth for both the top and bottom lines last quarter.
GATX earns the No. 10 rank among its peers in the Commercial Services-Leasing industry group. United Rentals ( URI ), Willis Lease Financial ( WLFC ) and McGrath RentCorp ( MGRC ) are among the top 5 highly rated stocks within the group.
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