When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. Hamilton Lane Cl A is one stock that just reached the mark, now earning a score of 84.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the top-performing stocks tend to have an RS Rating of over 80 as they begin their biggest price moves.
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Hamilton Lane Cl A has moved 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 offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 20% to 76%. Revenue rose from 18% to 34%.
Hamilton Lane Cl A holds the No. 14 rank among its peers in the Finance-Investment Management industry group. P10, Acadian Asset Management and StepStone Group 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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