In a welcome move, Artisan Ptrs Asset Mgmt saw its Relative Strength Rating rise from 68 to 72 on Thursday.
This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best stocks often have an RS Rating of at least 80 in the early stages of their moves. See if Artisan Ptrs Asset Mgmt can continue to rebound and hit that benchmark.
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Artisan Ptrs Asset Mgmt is in a buy range after clearing a 46.75 buy point in a consolidation. Once a stock moves 5% or higher beyond the original entry, it's considered out of buy range.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 15% to 23%. Revenue rose from 11% to 12%.
The company earns the No. 24 rank among its peers in the Finance-Investment Management industry group. KKR, Blue Owl Capital and StepStone Group are among the top 5 highly rated stocks within the group.
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