Blackstone: Built for this Exact Moment
Apr 28, 2022We last analyzed Blackstone in 2021 before the markets began the wild ride this year.
Since then, Blackstone's stock has largely followed the market as interest rates and the ongoing crisis in Ukraine have initiated all sorts of headwinds worldwide.
However, looking past the headlines to Blackstone’s actual business and their Q1 earnings report last week, we really like what we saw compared to the rest of the financial sector & market.
Blackstone has brilliantly positioned its fund to be uniquely able to weather higher interest rates and continued inflationary pressure.
This is going to be a year where investors have to pick individual winners in stronger industries. And as a fund/company, Blackstone has done an excellent job of doing just that.
Let’s get into it 👇
Blackstone ($BX) Overview:
This is the third time we’ve written about Blackstone in the last year.
We have and continue to like Blackstone for a lot of reasons. They’re an asset manager who had incredible growth in Q1. They added over $30 Billion in assets to their AUM, which puts them on pace to pass $1 Trillion in managed assets this year.
But what is their upside?
What are the key data points most investors are missing?
And when will the stock resume its upward trajectory?