Lazard Stock Touches 52-Week High: What Should Investors Do?
LAZLazard(LAZ) ZACKS·2024-09-27 01:16

Lazard, Inc. (LAZ) shares touched a 52-week high of $51.46 on Wednesday. The stock closed the session a little lower at $50.15, gaining 21.2% in the past six months. The stock has outperformed the industry and its peers like Franklin Resources, Inc. (BEN) and BlackRock, Inc. (BLK) in the same time frame. Image Source: Zacks Investment Research Six-Months Price Performance Chart The company's emphasis on strategic alliances to enhance assets under management (AUM) balance, combined with its strong revenue gr ...