AAR (AIR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
We have screened bargain stocks MHO, DNOW, FSM, ODP and AIR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
AAR (AIR) could produce exceptional returns because of its solid growth attributes.
French aircraft manufacturer Airbus Group (EPA:AIR) is facing significant parts shortages as the company's suppliers struggle to keep up with the rising demand for narrowbody jets, according to a report from Reuters. “Industry sources” warned that Airbus could miss delivery targets on several dozen jets due to bottlenecks in the production process.