Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, AllianceBernstein (AB) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
AllianceBernstein (AB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
AllianceBernstein Holding L.P. Limited Partnership Units (NYSE:AB ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Mark Griffin – Head-Investor Relations Seth Bernstein – President and Chief Executive Officer Jackie Marks – Chief Financial Officer Onur Erzan – Head of Global Client Group and Private Wealth Conference Call Participants Bill Katz – TD Cowen Craig Siegenthaler – Bank of America Dan Fannon – Jefferies John Dunn – Evercore ISI Alex Blostein – Goldman Sachs Operator Thank you for standing by, and welcome to the AllianceBernstein Second Quarter 2024 Earnings Review.
On Monday, AllianceBernstein debuted a new international equity strategy, the AB International Low Volatility Equity ETF (ILOW). ILOW seeks to give investors access to capital growth for the long term, while mitigating volatility.
The combination of strong buy ratings and 5% yields make certain dividend stocks particularly attractive. “Strong buy” ratings indicate that the analysts covering a given equity believe in that equity.
The artificial intelligence rally over the past year and a half, led by the so-called Magnificent 7 stocks, has been remarkable if you owned those stocks.
AllianceBernstein (AB) witnesses a solid improvement in the May 2024 AUM balance driven by upbeat markets and inflows.
Asset managers have seen improved performance due to higher stock prices, steady interest rates, and strong returns in foreign equities. I have a buy rating on units of AllianceBernstein given its attractive valuation, high dividend yield, and improved momentum. I highlight key price levels to monitor as the units consolidate after a protracted downtrend from late 2021 through November last year.