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Will Artisan Partners Asset Management Continue to Surge Higher?

Zacks Equity Research
Ongoing technology and manufacturing investments, leading to sales and profit growth across markets, drives Corning's (GLW) first-quarter results.

As of late, it has definitely been a great time to be an investor in Artisan Partners Asset Management Inc. APAM. The stock has moved higher by 4.2% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider APAM’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as APAM has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

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