The world’s largest Alternative Asset Manager, Blackstone Group (BX US) has slipped around 10% over the last three weeks, bringing it back to attractive levels in our opinion – subscribers may remember the company for making a bid for Crown (CWN) back in 2022, how that sector has been transformed over the last 18-months!
- We like BX into current weakness and are considering tweaking our 5% position slightly higher.
MM remains long and bullish BX around $US104.
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