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.
This financial services firm has billions under management in private funds. It depends on your outlook on interest rates and the economy. If the overall financial sector continues to grow you will do well here.
This is an alternative asset manager. Their exit strategy is to sell these alternative assets to the market. When the market has a correction, it raises concern about their exit strategy. As this was a short-term market correction, this company should benefit from a recovery. It has out-performed over 85% of the S&P500 stocks over the past 12 months. He would buy it right here. It is only 9-10 times earnings and they will have opportunities to monetize its assets.
Has been a strong performer. The story hasn't changed for a number of years. When credit spreads blew out in the 1st part of 2016, this company did a good job of clawing its way back. A lot of good things are happening in the company. They still have the ability to raise a lot of capital. Assets under management year-over-year has very strong growth. Performance has been very good, which leads to performance fees they've been collecting. This is a core holding in her portfolio.
You have to think that although interest rates are rising, private equity guys should be looking at shops such as energy, retail, grocery food stores, etc. There is value out there, and there is cheap capital to be put to work. When you invest in this company, you are making a bet that management can find some very strong returns to invest in. He likes this as a very diversified financial.
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, 4 stock analysts published opinions about KKR-N. 4 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.
4 stock analysts on Stockchase covered KKR & Co. LP In the last year. It is a trending stock that is worth watching.
On 2023-03-22, KKR & Co. LP (KKR-N) stock closed at a price of $50.36.
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.