BlackRock's Bullish Case Gets Stronger

2026-06-04 14:17:09 ET

BlackRock, Inc. ( BLK ) built a sort of multi-engine setup that keeps delivering steady growth, even as the stock has de-rated to about 18.7x forward earnings while operating results have continued to improve. Since I last said “ Buy ,” the stock has dropped 14.4%. The pullback happened even though the company just put up another strong quarter, with the business posting stronger year-over-year revenue, adjusted operating income, and adjusted EPS. The pullback has also come alongside negative private-credit valuation headlines and regulatory-risk discussion, even as the underlying numbers are improving. I’m still bullish and sticking with my Buy call....

Read the full article on Seeking Alpha

For further details see: