LPLA - LPL Financial: Strong EPS Upside In 2025 And '26 Fresh Breakout To New Highs
2024-06-21 17:17:04 ET
Summary
- US household net worth is at an all-time high and interest rates remain high; both factors are tailwinds for investment management firms.
- LPL Financial sports high earnings growth estimates as the company is focused on tech-driven organic growth.
- LPLA posted strong Q1 results, and shares recently made new all-time highs.
US household net worth has soared to an all-time high. Stocks are up 15% so far in 2024, as measured by the S&P 500, while the bond market has bounced back amid a dip in yields over recent weeks. International stocks have been underperforming mega-cap US equities, but are up nicely year to date too, though domestic small caps are straddling the flat line. ...
LPL Financial: Strong EPS Upside In 2025 And '26, Fresh Breakout To New Highs