When putting together your watch list, look for stocks with an 80 or higher RS Rating. Hamilton Lane Cl A just met that criteria with a new score of 84.
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks tend to have an RS Rating of at least 80 in the early stages of their moves.
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Hamilton Lane Cl A has risen more than 5% past a 130.97 entry in a first-stage flat base, meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Top and bottom line growth moved higher last quarter. Earnings were up 76%, compared to 20% in the prior report. Revenue increased from 18% to 34%.
The company earns the No. 8 rank among its peers in the Finance-Investment Management industry group. P10, Acadian Asset Management and Equitable Holdings 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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