Air-Freight Stocks Deliver the Goods
Stocks of air-freight outfits have been climbing nicely. The S&P 1500 Air Freight subindustry index, which is dominated by industry giants FedEx (FDX) and United Parcel Service (UPS), saw its trailing 52-week relative strength ranking (RSR) rise to 4 (in the top 30% of companies in the S&P 1500) from 3 (the middle 40%) during the week ending Apr. 13.
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