In a welcome move, Hamilton Lane Cl A saw its Relative Strength Rating rise from 66 to 78 on Thursday.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their largest price moves. See if Hamilton Lane Cl A can continue to show renewed price strength and hit that benchmark.
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Hamilton Lane Cl A is working on a consolidation with a 203.72 entry. See if it can clear the breakout price in heavy trade.
Earnings grew 76% last quarter, up from 20% in the prior report. Revenue also increased, from 18% to 34%.
The company earns the No. 9 rank among its peers in the Finance-Investment Management industry group. P10, Equitable Holdings and Hennessy Advisors are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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