When building your watch list, focus on stocks with an 80 or higher RS Rating. Lazard just met that criteria with a new score of 83.
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.
History shows that the best stocks tend to have an RS Rating of above 80 in the early stages of their moves.
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Lazard is working on a consolidation with a 61.14 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Lazard saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 117% to 280%. Revenue rose from 7% to 49%. Look for the next report on or around Jan. 30.
The company holds the No. 16 rank among its peers in the Finance-Investment Banking/Brokers industry group. LPL Financial Holdings, Robinhood Markets and Interactive Brokers are among the top 5 highly rated stocks within the group.
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