Tuesday, May 21, 2013

Chart of the Day - Legg Mason (LM)

The Chart of the Day is Legg Mason (LM).  Lately the stock has terrific momentum and was up in all of the last 20 trading sessions.  The stock gained 47.89% in the last 12 months and still has a P/E below the market average.  We found the stock by sorting the New High list for frequency.

It is a holding company which, through its subsidiaries, is principally engaged in providing asset management, securities brokerage,investment banking and related financial services to individuals,institutions, corporations and municipalities.

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