Bull of the Day: Artisan Partners (APAM)

APAM

With the market pushing up to new all-time highs every day, most stocks are getting in on the action. They say a high tide rises all the ships in the harbor and that is certainly the case with stocks. Eventually, the market will get tested. When it does, you want to make sure you are invested in stocks with the strongest earnings. Strong earnings will help the cream rise to the top.

One top stock to take a look at is today’s Bull of the Day, Artisan Partners (APAM - Free Report) . Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans.

The stock is currently a Zacks Rank #1 (Strong Buy). The reason for the favorable rank lies in the series of earnings estimate revisions coming in to the upside for the stock. Over the last sixty days, three analysts have increased their earnings estimates for the current year. That bullish behavior have pushed up our Zacks Consensus Estimate from $2.77 to $2.98. That has helped underpin a move higher in the stock.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>