MOELIS & CO - CLASS A (NYSE:MC) – A Strong Growth Stock with Technical Breakout Potential

MOELIS & CO - CLASS A (NYSE:MC) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamental growth metrics with a technical pattern that suggests potential upside. Below, we examine why MC stands out.

Strong Growth Fundamentals

MC scores an 8 out of 10 in the ChartMill Growth Rating, reflecting its strong expansion trajectory. Key highlights include:

• Revenue Growth: Revenue surged by 45.13% over the past year, well above industry averages.
• Earnings Acceleration: EPS grew by 7,500% in the last year, though long-term trends show some volatility.
• Future Expectations: Analysts project 24.02% annual EPS growth and 15.68% revenue growth in coming years.

While profitability and financial health ratings are neutral (both at 5/10), the company maintains a solid balance sheet with no debt, reducing financial risk.

Technical Setup Indicates Potential Breakout

MC’s technical rating is modest at 2/10, but the setup rating of 7/10 suggests a consolidation phase that could precede a move higher:

• Support Levels: Multiple support zones exist between $48.85 and $51.84, providing a potential floor.
• Resistance Ahead: A key resistance area lies between $57.75 and $58.36. A breakout above this level could signal further upside.
• Recent Performance: The stock has traded in a range over the past month, with reduced volatility hinting at a possible breakout.

Why This Combination Matters

Growth stocks with constructive technical patterns often attract investor interest. MC’s strong revenue and earnings growth, coupled with a consolidating price structure, make it a candidate for investors looking for growth opportunities with defined technical levels.

For more stocks with similar growth and technical characteristics, check our Strong Growth Stocks with Good Technical Setup Ratings screener.

For a deeper dive into MC’s fundamentals, review the full fundamental report. For technical insights, see the technical analysis report.

Disclaimer

This is not investing advice! The observations here are based on current data, but always conduct your own research before making investment decisions.