I rate Ares Management Corporation (NYSE: ARES ) a Hold for capital appreciation-focused investors who are looking for long-term buy-and-hold investments. The stock went public in 2014 and has been on an incredible tear to recordDavid A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alternative investment funds such as hedge funds an ...