Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) fell 7.3% in the afternoon session after investors took profit following a significant rally. The decline followed an extraordinary period for the stock, which had surged 187% over the previous year, likely prompting some investors to sell and secure their gains.
The stocks in this article are all trading near their 52-week highs.
This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Their momentum is also rising as lower interest rates have incentivized higher capital spending.
As a result, the industry has posted a 19.1% gain over the past six months, beating the S&P 500 by 11 percentage points.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 6.5% in the afternoon session after it hit a record all-time high, driven by intense investor interest in its newly unveiled FTAI Power initiative.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Great things are happening to the stocks in this article.
They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at FTAI Aviation (NASDAQ:FTAI) and the best and worst performers in the industrial distributors industry.
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 8.8% in the morning session after the company launched FTAI Power, a venture repurposing its CFM56 aircraft engines into 25-megawatt power turbines.
