Shaers of Brookline Bancorp, Inc. (NASDAQ:BRKL) have been recommended as a long term growth pick. With the firm’s stock price currently trading around $13.99, the firm has proven a solid track record of growth over the recent years. Investors might consider the stock as a long term growth candidate as the firm has yielded 14.90% earnings per share growth over the past 5 years and 8.70% revenue growth over that same time frame.
When it comes to investing in stocks, the question of risk will eventually need to be addressed. Of course, there are no guarantees when investing in the stock market. With this in mind, investors can proceed with a plan that helps minimize risk while still providing the opportunity to experience large profit potential. Each investor may have a different financial situation or tolerance for risk. There is often a fine line between being too aggressive or too conservative with equity investments. Finding that balance between the two extremes may be exactly what the earnest investor strives to do when tackling the markets.
Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time. Long-term growth should be considered to be a relative term, due to different styles and goals of investors, but the endgame is the same.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Brookline Bancorp, Inc. (NASDAQ:BRKL)’s stock was 1.23%. Over the last week of the month, it was 0.14%, -7.84% over the last quarter, and -13.80% for the past six months.
Over the past 50 days, Brookline Bancorp, Inc.’s stock is -10.26% off of the high and 2.38% removed from the low. Their 52-Week High and Low are as follows: -23.76% (High), 8.96%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $15.50 on the equity. Analysts have a consensus recommendation of 2.60 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Many active investors will use technical analysis when conducting stock research. Technical analysis involves studying trends and trying to predict which trends will continue into the future. Many technical traders will rely on charts to help provide the information they desire. Some technicians will use one or two technical indicators while others will combine many different ones. There are plenty of indicators out there that can be studied. Figuring out which indicators are the most reliable can be a tricky endeavor. Traders may want to try out various combinations in order to identify the ones that seem to provide the best advantage, even if it is a small one.