This ‘Strong Buy’ Stock Turns Other People’s Money Into Your Profits

Company Overview - Affiliated Managers Group (AMG) is valued at $6.67 billion and operates as a global asset management company with equity investments in leading boutique investment management firms [1] - AMG's affiliates provide a wide range of investment products across various active, alpha-oriented strategies for both institutional and retail clients globally [1] Stock Performance - AMG stock has gained 35% over the past year and reached a new all-time high of $240.79 in intraday trading on September 17 [5][6] - Since the Trend Seeker buy signal was issued on May 7, the stock has appreciated by 36.01% [2] - The stock has made 13 new highs and increased by 8.97% in the last month [7] Technical Indicators - AMG currently holds a 100% "Buy" opinion from Barchart and maintains a Trend Seeker "Buy" signal [6][7] - The stock is trading above its 20-, 50-, and 100-day moving averages [7] - The Relative Strength Index (RSI) is at 72.21%, indicating strong momentum [7] - A technical support level is identified around $233.37 [7] Investment Opportunity - AMG offers investors a unique opportunity to participate in the growth of a diverse group of high-quality boutique investment management firms [1]