BlackRock (BLK)

[winston]

not vested

BlackRock, Inc. (NYSE: BLK)

One area of the market that is getting ready to move into a sweet spot is the “capital markets” sector of the financial industry.

Companies like KKR (NYSE: KKR) and BLK are in the business of buying undervalued assets and companies, with the goal of generating more value from the same asset.

The aftermath of the COVID pandemic is creating more opportunities for these companies, meaning that business will be good for the rest of 2021.

BLK missed their earnings target last quarter but showed strong asset growth (39% year over year) building expectations that the company will pick-up steam as we head into the second half of 2021.

From a technical perspective, BLK share are trading in a solid bullish trend supported by strong buying volume and as the stock reaches towards the $900 market (yes, this is one of those companies that we all wish would split their prices).

Source: Investor Place

[behappyalways]

"Unlike Anything We've Seen In Decades," BlackRock's Larry Fink Said In Internal Memo While Describing Volatile Markets
https://www.zerohedge.com/markets/unlik ... describing

[behappyalways]

BlackRock Recruiter Claims Senators Can Be 'Bought' For $10k, War 'Good For Business': O'Keefe
https://www.zerohedge.com/political/bla ... ess-okeefe