Why This Under-the-Radar Stock Is a Buy

In a year when most financial sector stocks finished in negative territory, Artisan Partners Asset Management (NYSE: APAM) saw its stock rise 71% in 2020. Over the past one-year period through March 25, it has returned 167% and is currently up about 3% year to date in 2021.

Such performance would surely gain it more notoriety, but it has flown under the radar compared to other financial stocks, like fellow asset manager BlackRock, despite outperforming them throughout the pandemic. The good news is, it has more room to run.

Image source: Getty Images.

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Source Fool.com