Blackstone: Rock-Solid Fundamentals Attractively Valued
Blackstone(BX) Seeking Alpha·2024-05-14 12:37
pixhook/E+ via Getty Images Investment thesis Blackstone's (NYSE:BX) stock has almost doubled in price in 2023, but 2024 has been bumpy so far, with a notable YTD pullback. My analysis suggests that the pullback is likely to be temporary because fundamentals keep improving, and the company continues demonstrating strong growth in assets under management and raising funds. The company has a rock-solid reputation, and its diverse set of offerings are the two big factors contributing to the trust of clients. T ...