Fountainheadinvesting

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Why BlackRock is a Strong Investment Bet at $798: Diversified Exposure, Steady Growth, and Competitive Advantages

As an asset manager,  Blackrock would be a better bet at $798.

Their diversity is a lot better, exposure to real estate is lower to China and they have the same competitive advantages of scale, network, proprietary data, etc. They are the largest, overall with over $10 Tr AUM

Plus, the quality of earnings is better – steady 8% earnings growth in the last 10 years and a decent yield of 2%. Forward earnings forecasts are 11% and revenue growth of 9%, but these are recurring, fee-based.

It quotes 19X earnings, with 11% growth.

The charts below are also quite revealing.