This summary was created by AI, based on 2 opinions in the last 12 months.
KKR & Co. LP (KKR-N) is consistently raising new capital to generate strong returns in the future. The sector as a whole is performing well, with the stock hitting 52-week highs and showing significant momentum. The company is also adapting to the current higher interest rate environment by doing fewer leveraged deals and maintaining a substantial amount of dry powder to capitalize on market opportunities. Additionally, KKR has a unique geographical footprint in China, which further strengthens its position in the market.
It is in the private lending business and there are more opportunities in the private market now. It has a good outlook in spite of the run-up. He prefers Brookfield which hasn't had a big run-up. Both are good companies.
Private equity, has done well. IPO market has been really tough, and higher rates have limited leverage. Good business, good yield. Buys cheap assets, grows them, then sells. Risk is that now many more competitors for assets, so they might overpay to seal a deal.
Continually raises new capital to generate great returns down the road. Generally, the sector is quite strong. Hitting 52-week highs today, so there's lots of momentum.
Doing fewer leveraged deals in this higher interest rate environment. Lots of dry powder to take advantage of opportunities in the market. Unique geographical footprint, as they're in China.
Looks at distressed situations and makes investments. $500B in assets. Fair pile of cash, about 22%, which is timely given the situation we're in. Trades at market multiple, 15x earnings. Bright people. Charging fees on increasing AUM is the name of the game.
We think the risk of “domino effects” between financial institutions is low given the backstop of the US government. Most names in the Financial sector are now quite attractively priced. We think the asset managers could do well in the next few years as the Fed stops hiking interest rates. Although things could change, we think the current drawdown should not be concerning for long-term investors.
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Prefers it to BRK.B. One of the new Berkshire Hathaways, with a better succession plan.
Blackstone vs. KKR Both good and both are global players. She likes the private equity space, and the way to invest here is through stocks like these. She plays this space through BAM. All have a strong global presence. Private equity will see continued secular growth with interest rates staying near zero. Large institutions are seeking returns in private equity and infrastructure and will invest more here.
KKR & Co. LP is a American stock, trading under the symbol KKR-N on the New York Stock Exchange (KKR). It is usually referred to as NYSE:KKR or KKR-N
In the last year, 3 stock analysts published opinions about KKR-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for KKR & Co. LP.
KKR & Co. LP was recommended as a Top Pick by on . Read the latest stock experts ratings for KKR & Co. LP.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered KKR & Co. LP In the last year. It is a trending stock that is worth watching.
On 2024-08-30, KKR & Co. LP (KKR-N) stock closed at a price of $123.77.
Excellent. They keep delivering over and over.