Page 2 of 2

Re: BlackRock (BLK)

PostPosted: Wed Feb 27, 2019 10:16 pm
by winston
not vested

We Just Bought This Stock For The Income Builder Portfolio

by Mike Nadel

According to Value Line’s “Relative P/E” — which compares one stock to the 1,700 it covers, with 1.00 being fairly valued — BlackRock is priced just about right.

VL also says BLK can appreciate about 20% to 60% over the next 3-5 years.

Source: Daily Trade Alert ... tfolio-10/

Re: BlackRock (BLK)

PostPosted: Tue Sep 24, 2019 9:52 pm
by winston
not vested


Many on Wall Street love this firm’s growth potential near term and especially long term.

BlackRock Inc. (NYSE: BLK) is the largest asset manager in the world, with more than $5 trillion in assets under management.

Its acquisitions of Merrill Lynch Investment Management and iShares transformed it from a fixed income manager into a multi-product and multi-channel giant, with roughly 40% of its assets under management overseas.

It has leading franchises in exchange-traded funds (ETFs), institutional fixed income, alternatives and cash. It also operates Solutions, a leader in risk analytics.

The company’s strong historical and prospective dividend growth is underpinned by the high-quality and diversified business model. Dividends have increased 18% annually over the past 10 years. Dividend growth likely will moderate but remains solid in the low teens, consistent with expectations for earnings growth in the years ahead.

The Jefferies report noted this:

Management has been able to drive +7.2% organic growth year to date, and tech revs are up 15.4% year over year.

The company had record-breaking fixed income flows in the second quarter and we expect that momentum to continue into the third quarter.

Shares trade at 14.5 times 2020 estimated EPS, which we view as an attractive entry point considering the positive secular trends supporting the company.

Shareholders receive a 3% dividend.

The Jefferies price objective for the shares is $537, while the Wall Street consensus price target is $524.46.

The stock closed Monday at $446.20 a share.

Source: Jefferie's