Here's Why AAR (AIR) is a Great Momentum Stock to Buy

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: AAR (AIR) - AAR currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - AAR shares have increased by 1.5% over the past week, outperforming the Zacks Aerospace - Defense Equipment industry, which rose by 1.14% [6] - Over the last quarter, AAR shares have risen by 15.67%, and by 29.58% over the past year, compared to the S&P 500's increases of 8.73% and 17.21%, respectively [7] - The average 20-day trading volume for AAR is 453,025 shares, indicating a bullish trend when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for AAR has increased, while none have decreased, raising the consensus estimate from $4.43 to $4.50 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [10] Conclusion - Given the strong performance metrics and positive earnings outlook, AAR is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11][12]