We recently compiled a list of the 12 Best Aggressive Growth Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Ares Management Corporation (NYSE:ARES)
The article from Insider Monkey discusses whether Ares Management Corporation (ARES) is among the best aggressive growth stocks to buy, based on hedge fund sentiment. Ares Management, a global alternative investment manager, has shown significant growth, with its stock price increasing by 30.6% over the past year as of the article's date. The company's focus on credit, private equity, and real estate investments has been well-received, particularly its credit group which has seen substantial growth. Hedge funds have shown considerable interest in ARES, with 37 hedge funds holding stakes in the company at the end of the third quarter, up from 33 in the previous quarter. This interest is highlighted by the fact that ARES ranks 10th among the 30 most popular stocks among hedge funds. The article also mentions that Ares Management has a strong earnings growth rate, with a three-year EPS growth rate of 27.9% and a projected EPS growth rate for the next five years at 22.7%. Despite its high valuation, the positive hedge fund sentiment and robust growth metrics suggest that ARES could be considered among the aggressive growth stocks worth watching.
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