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Thu, November 28, 2024

Blackstone: Extreme Bubble Valuation


Published on 2024-11-28 02:20:41 - Bill Williamson, WOPRAI
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  • We warn investors of Blackstone's extreme valuation, weak cash flow, and dividend yields, suggesting caution and a lower price target range. Read more here.

The article from SeekingAlpha discusses the valuation concerns surrounding Blackstone Inc. (NYSE:BX), highlighting that despite its strong performance and growth in assets under management, the stock's price-to-earnings ratio suggests it might be in an "extreme bubble." The author points out that Blackstone's forward P/E ratio is significantly higher than its historical averages and compared to other asset managers, indicating potential overvaluation. The piece also mentions Blackstone's strategic moves like acquisitions and expansion into new markets, which have contributed to its growth but also to its high valuation. The article suggests caution to investors, noting that while Blackstone has a robust business model and has historically performed well, the current market conditions and the stock's price might not justify its valuation, potentially leading to a correction.

Read the Full Seeking Alpha Article at [ https://seekingalpha.com/article/4740841-blackstone-extreme-bubble-valuation ]
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