Houlihan Lokey, Inc. Class A Common Stock (HLI)

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.

Goldman Sachs analyst James Yaro discusses retail broker and investment bank stocks, noting strong performance and optimistic outlook.