If you are wondering whether Blackstone at around US$150 per share is offering good value right now, you are not alone.
The stock is currently priced at US$150.07, with a 7 day return of 8.2% decline, a 30 day return of 3.4% decline, a year to date return of 5.5% decline, a 3 year return of 73.1%, and a 5 year return of 157.2%.
Recent attention on Blackstone has centered on its role as a major alternative asset manager. Investors are watching how it positions across private equity, real estate, credit, and infrastructure. Market commentary has also focused on how sentiment toward alternative asset managers as a group has shifted as interest rates and risk appetite have changed.
Despite its profile, Blackstone currently scores 0/6 on…
