Houlihan Lokey Inc's (NYSE: HLI) short interest as a percent of float has risen 17.2% since its last report. According to exchange reported data, there are now 997 thousand shares sold short, which is 1.84% of all regular shares that are available for trading.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Since September 2020, the S&P 500 has delivered a total return of 107%. But one standout stock has more than doubled the market - over the past five years, Houlihan Lokey has surged 274% to $209.92 per share. Its momentum hasn’t stopped as it’s also gained 25.9% in the last six months thanks to its solid quarterly results, beating the S&P by 9.7%.
Since September 2020, the S&P 500 has delivered a total return of 103%. But one standout stock has more than doubled the market - over the past five years, Houlihan Lokey has surged 262% to $204.66 per share. Its momentum hasn’t stopped as it’s also gained 25.7% in the last six months thanks to its solid quarterly results, beating the S&P by 8.9%.
The stocks featured in this article have all approached their 52-week highs.
When these price levels hit, it typically signals strong business execution, positive market sentiment, or significant industry tailwinds.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at investment banking & brokerage stocks, starting with Houlihan Lokey (NYSE:HLI).
Growth is oxygen.
But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.
