This summary was created by AI, based on 8 opinions in the last 12 months.
Experts seem to have a positive outlook on KKR & Co. LP (KKR-N). They believe that the company has performed well in the past and is well-positioned to benefit from the current market conditions. The consensus is that it is a great company with a proven track record and good management. The valuation seems to be fair, as there is confidence in the company's ability to continue growing. Overall, KKR & Co. LP appears to be a strong contender in the alternative asset management industry.
Alternative asset management is a hot industry. This type of company provide the financing and has the products to sell to institutional investors and retail investors. Likes the industry as a whole. You can't make a living wage with bonds, and equity valuations are high. We're in a multi-year trend of assets flowing into private equity, especially as interest rates come down.
His favourite in the space is BN.
Rates coming down will help private equity. This will also foster more M&A. Because it owns so many assets, you get diversification in that one name. Good management. Positive on it, if you like that space. He doesn't own any private equity.
He's invested heavily in private equity, and those businesses have grown ~15% a year, which is reflected in the stocks. No reason for this to slow down, long runway. Pick your poison, buy one or all of BN, APO, KKR, or BX. Next 5 years should be a minimum of a double.
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.
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, 7 stock analysts published opinions about KKR-N. 5 analysts recommended to BUY the stock. 1 analyst 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.
7 stock analysts on Stockchase covered KKR & Co. LP In the last year. It is a trending stock that is worth watching.
On 2024-12-05, KKR & Co. LP (KKR-N) stock closed at a price of $157.04.
Chart shows it's done well. Interest rates coming down will help. Strong markets helps get a good price when they sell assets. Tough aspect is that more of the large institutional investors and pension plans are involved in private equity. More competition means they may overpay for assets. When they get money it's locked in, so they don't face the same liquidity crises that hedge funds do.