AllianceBernstein Holding (AB) Looks Good: Stock Adds 5.3% in Session

AllianceBernstein Holding L.P. (AB) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $21.07 to $22.98 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

AllianceBernstein Holding currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Other better-ranked investment management stocks that are worth considering include Lazard Ltd. (LAZ), Fortress Investment Group LLC (FIG) and Calamos Asset Management Inc. (CLMS). All these stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>



ALLIANCEBERNSTEIN HOLDING LP (AB): Free Stock Analysis Report

LAZARD LTD CL A (LAZ): Free Stock Analysis Report

FORTRESS INVESTMENT GROUP LL (FIG): Free Stock Analysis Report

CALAMOS ASSET MGMT INC (CLMS): Free Stock Analysis Report


Zacks Investment Research

Advertisement