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Barchart
Barchart
Dipanjan Banchur

UNBELIEVABLE: Do wall street analysts like blackstone stock - Caught on Camera

BX

Based in New York, Blackstone Inc. (BX), is the world’s largest alternative asset manager and also provides capital markets services globally. Valued at $88.36 billion by market cap, the company has more than $1 trillion in assets under management. The company specializes in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity, and multi-asset class strategies.

Shares of this leading asset management firm have outperformed the broader market over the past year. BX has gained 41.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 26.2%. However, in 2024, BX stock is down 7.4%, while the SPX is up 11.2% on a YTD basis.

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