Added to YB: 2024-08-13
Pitch date: 2024-08-12
BX [neutral]
Blackstone Inc.
+19.88%
current return
Author Info
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Company Info
Blackstone Inc. is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies.
Market Cap
$122.6B
Pitch Price
$126.11
Price Target
N/A
Dividend
2.52%
EV/EBITDA
N/A
P/E
45.01
EV/Sales
N/A
Sector
Capital Markets
Category
growth
Three Strategies — And Three Stocks — After Last Monday's Meltdown - Blackstone Inc.
BX: AI's Landlord w/ $1T AUM. Largest alt asset mgr. Nimble, opportunistic. 23.5% 5yr EPS CAGR (2x in 3yrs). 2.6% yield. Packaging private/infra funds for retail. Proven track record (e.g. $7B+ from post-GFC housing). Data center strategy capitalizing on AI boom. Not in SPC Model Portfolio yet, but under consideration.
Read full article (1 min)