Trade Call: Buy AAR Corp Following Q1 Beat

about 1 month ago

Carol Masser

"Well, ending on a green note on a good note here. AAR Corp. This is an aerospace and defense company in that sector there. It's about three billion dollars based in Illinois here, but it boosted its organic sales growth outlook after posting first quarter results that topped expectations. So coming out of those results that beat what the market was expecting here, it's saying, hey, we have a better outlook. Look ahead when we think about sales growth here for the company. A hundred percent of Wall Street is saying buy. That's according to the A&R page that we have here on the Bloomberg Terminal, about five analysts saying to buy the stock."

The segment highlights a strong buy consensus for AAR Corp following better-than-expected Q1 results. Multiple analysts recommending a buy, coupled with improved organic sales growth outlook, offer a clear and actionable trade call.

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