The IBD SmartSelect Composite Rating for Ares Management increased from 94 to 96 Tuesday.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.
Ares Management is now out of buy range after clearing the 155.53 buy point in a consolidation.
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The stock has an 86 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 86% of all stocks.
Its Accumulation/Distribution Rating of C- shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q3, the company reported 83% earnings-per-share growth. Revenue growth increased 68%, up from -28% in the prior quarter. That marks one quarter of rising revenue gains.
Ares Management earns the No. 11 rank among its peers in the Finance-Investment Management industry group. Janus Henderson Group, KKR and Blue Owl Capital are among the top 5 highly-rated stocks within the group.
