Purchase Details

Company: Houlihan Lokey
Yahoo Beta:0.66
Industry:Capital markets

Company Description:  Houlihan Lokey is a middle market investment bank.

Purchase Date:24 Mar 2022
Purchase Price:$89.98
  --Split Adjusted:$89.98
Shares Purchased:78
  --Split Adjusted:78
Transaction Fee:$0.00
Price Range (6 Months Prior):    
Date12 Jan 2022
Date23 Mar 2022
S&P (Purchase Date):$4,520.16

Timing:  We bought near the six month low.
Reason:  Houlihan Lokey is outperforming its peers in the middle market segment. The company has been experiencing strong revenue growth and attractive profitability measures. The company provides restructuring advice which provides a partial hedge in a weaker economy. We are underweight financial institutions.

Total Spent:   $7,018.44