Apollo Global Management, Inc. (NYSE:APO) is one of the relatively cheap S&P 500 stocks Jim Cramer talked about. Cramer discussed the company’s projected earnings growth and valuation. He commented: “There are even a couple of private equity stocks that look interesting based on this screen, like Apollo, which is now a leader in both private equity and private credit. It’s projected to have roughly 19% earnings growth in 2026, but it sells for just 15.5 times next year’s numbers. It’s always traded at a p ...

Core Insights - T. Rowe Price Group (TROW) and Apollo Global Management (APO) are prominent players in the asset management industry, each with distinct strengths and focuses [1][20] - Apollo emphasizes private equity and alternative assets, while T. Rowe Price specializes in mutual funds and active management of equity and fixed income [1] Apollo Global Management (APO) - Apollo's diversified business model supports sustainable earnings, with a compound annual growth rate (CAGR) of 7.8% in assets under management (AUM) from 2021 to 2024, driven by retirement services and new financing [3] - The company expects its total AUM to reach nearly $1.5 trillion by 2029, primarily through scaling its private equity business [3][9] - Recent acquisitions, such as Bridge Investment Group Holdings, and partnerships with Mubadala and Citigroup enhance Apollo's capabilities and growth potential [4] - Apollo's revenues grew at a CAGR of 63.7% from 2021 to 2024, although growth moderated in the first half of 2025 [5] - The Zacks Consensus Estimate projects a year-over-year earnings increase of 4.7% for 2025 and 19.3% for 2026, with upward revisions in estimates over the past 60 days [10] T. Rowe Price Group (TROW) - T. Rowe Price's AUM experienced a CAGR of 2.3% from 2020 to 2024, supported by market appreciation and strength in multi-asset and fixed income [6] - The company has formed strategic alliances, including a partnership with Goldman Sachs to enhance access to private markets and an acquisition of Retiree for retirement income planning [7] - T. Rowe Price's net revenues grew at a CAGR of 3.4% over the past four years, continuing into the first half of 2025 [8] - The Zacks Consensus Estimate indicates a year-over-year earnings decline of 1.6% for 2025, followed by a 4.9% increase in 2026, with upward revisions in estimates [13] Comparative Performance - Over the past year, Apollo outperformed the industry with a stock gain of 17.3%, while T. Rowe Price only rose 0.5% [15] - Apollo trades at a forward price-to-earnings (P/E) multiple of 16.3X, while T. Rowe Price trades at 11X, both below the industry average of 17.45X [17] - Both companies have increased dividends five times in the past five years, with Apollo's yield at 1.5% and T. Rowe Price's at 4.8% [19] Investment Outlook - Apollo is positioned for greater upside potential due to its diversified and rapidly growing alternative asset platform, aggressive expansion, and strong earnings growth trajectory [20] - T. Rowe Price offers steady growth and high dividend yield but has a more conservative approach, limiting its upside compared to Apollo [21]

Apollo Global Management Inc. (APO) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, APO broke through the 200-day moving average, which suggests a long-term bullish trend.The 200-day simple moving average is widely-used by traders and analysts, and helps establish market trends for stocks, commodities, indexes, and other financial instruments over the long term. The indicator moves higher or lower together with longer-term price moves, serv ...

Core Insights - Apollo has received regulatory authorization to launch three new evergreen, semi-liquid European Long-Term Investment Funds (ELTIFs) under the ELTIF 2.0 regime, enhancing access to institutional-quality private market strategies for investors in EMEA, Asia, and Latin America [1][2][3] Fund Details - The three new funds are: - Apollo European Private Credit ELTIF (AEPC ELTIF), focusing on first-lien, senior secured direct lending to large-cap and upper middle-market European companies [7] - Apollo Global Diversified Credit ELTIF (AGDC ELTIF), employing a global, multi-asset credit strategy across private credit sectors [7] - Apollo Global Private Markets ELTIF (AGPM ELTIF), aimed at long-term capital appreciation through investments in private companies globally [7] Business Growth - Apollo's Global Wealth business reported $9 billion of inflows in the first half of 2025 across 18 separate strategies, indicating strong demand for diversified private market exposure [4] - The company continues to expand its product offerings and distribution capabilities to meet investor needs [4] Regulatory Context - The new ELTIFs will be launched via the Apollo Private Markets Umbrella SICAV, having received authorization from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF) [2]

Core Insights - Apollo has received regulatory authorization to launch three new evergreen, semi-liquid European Long-Term Investment Funds (ELTIFs) under the ELTIF 2.0 regime, enhancing access to institutional-quality private market strategies for investors in EMEA, Asia, and Latin America [1][2][3] Group 1: Fund Details - The three new funds are: Apollo European Private Credit ELTIF, Apollo Global Diversified Credit ELTIF, and Apollo Global Private Markets ELTIF, each designed to provide attractive income and capital appreciation through various investment strategies [7] - Apollo European Private Credit ELTIF aims to provide income from first-lien, senior secured direct lending to large-cap and upper middle-market European companies [7] - Apollo Global Diversified Credit ELTIF focuses on a global, multi-asset credit strategy, investing across private credit sectors including direct lending and asset-backed finance [7] - Apollo Global Private Markets ELTIF seeks long-term capital appreciation by investing in private companies globally through secondaries and co-investments [7] Group 2: Business Growth and Strategy - Apollo's Global Wealth business reported $9 billion of inflows in the first half of 2025 across 18 separate strategies, indicating strong demand for diversified private market exposure [4] - The company continues to expand its product offerings and distribution capabilities to meet the growing needs of investors [4] - Apollo has been an early mover in the ELTIF regime, having launched the closed-end ACT Equity ELTIF in 2023, and is now expanding its suite of solutions [4]

（原标题：阿波罗高管：对欧洲市场乐观程度达二十年之最） Seminara周二表示："我认为欧洲已经意识到了投资的必要性。你可以看到德国政府确实在积极采取行 动，这不仅仅是资金问题，更是态度问题，体现了政府帮助私人资本真正在市场上取得进展的意愿。" 作为战略的一部分，阿波罗公司计划在欧洲大陆开设更多办事处。Seminara表示，其中一家办事处"很 快"将在法兰克福开设。该公司已在苏黎世开设了一家新办事处，其欧洲主要总部设在伦敦。 然而，作为一位价值投资者，Seminara表示，阿波罗并未涉足人工智能及国防领域的股票投资，而这些 领域近期一直是投资者关注的焦点。欧洲国防企业的股价大幅上涨，因为德国政府承诺在四年内将年度 国防预算翻一番。 相反，阿波罗专注于能够服务这些领域的公司，Seminara 提到了其最近收购冷却设备公司Kelvion的交 易。Seminara 表示，这家此前陷入困境的公司在2019年进行了重大债务重组，如今在为数据中心提供 制冷服务方面拥有广阔的发展空间。 他表示："长期以来，投资者始终对欧洲市场持保守观望态度。现在真正需要的是德国乃至整个欧洲主 动把握时机。如果处理得当，就能真正促进经济发 ...

Core Insights - Apollo Global Management (APO) is pursuing growth through an acquisition-driven strategy, focusing on inorganic expansion to enhance its assets under management (AUM) and diversify revenue streams [1][2][24] - The company aims to scale its total AUM to $1.5 trillion by 2029, with significant growth expected in its equity and private lending segments [8][12][13] Inorganic Growth Efforts - Apollo completed the acquisition of Bridge Investment Group Holdings Inc., which adds approximately $50 billion in assets and nearly doubles its real estate AUM to over $110 billion [4][5][11] - The acquisition is expected to enhance Apollo's fee-related earnings and strengthen its offerings for institutional and wealth clients [5][11] Strategic Partnerships - In May 2025, Apollo partnered with JPMorgan Chase and Goldman Sachs to increase liquidity in the private credit market, aiming to originate larger loans more quickly [6] - Strategic alliances with Citigroup and State Street were formed to broaden access to private credit and enhance retail distribution channels [7][10] Revenue Growth and Financial Goals - Apollo has shown strong organic growth, with total GAAP revenues experiencing a three-year CAGR of 63.7% through 2024 [9] - The company expects fee-related earnings to grow at an average annual rate of 20% by 2029, with spread-related earnings projected to grow at 10% [12] Capital Distribution and Shareholder Returns - As of June 30, 2025, Apollo had $2.4 billion in cash and cash equivalents, supporting its capital distribution activities, including a 10.9% increase in its quarterly dividend [14][15] - The company has a share repurchase program authorized for up to $3 billion, with $1.03 billion remaining as of June 30, 2025 [15] Price Performance and Estimates - Over the past year, APO shares have gained 24.1%, outperforming the industry and the S&P 500 Index [16] - The Zacks Consensus Estimate for Apollo's 2025 and 2026 sales indicates year-over-year growth of 18% and 19.4%, respectively [19] Final Thoughts - Apollo's combination of inorganic acquisitions and strong organic growth positions it as a significant player in alternative asset management and private credit [24] - The company's robust liquidity, disciplined capital management, and consistent dividends and share repurchases enhance its attractiveness for long-term investors [25]

Apollo Global Management has never been more bullish on Europe in its 20 years of investing in the continent, according to the region’s head https://t.co/IdC629KCvA ...

Core Viewpoint - Jim Cramer identifies several undervalued stocks in the S&P 500 that present growth potential despite the market reaching record highs [1]. Group 1: Consumer Sector - T-Mobile US Inc. (TMUS) is highlighted for its strong team despite recent leadership changes [2]. - Royal Caribbean Group (RCL), Expedia Group Inc. (EXPE), and Dollar Tree Inc. (DLTR) are noted as potential bargains in the consumer sector [2]. Group 2: Financial Sector - Capital One Financial Corp. (COF), American Express Co. (AXP), Citigroup Inc. (C), and KeyCorp (KEY) are recommended as undervalued stocks [3]. - Additional mentions include Charles Schwab Corp. (SCHW), Chubb Ltd. (CB), and Apollo Global Management Inc. (APO) [3]. Group 3: Healthcare and Technology Sectors - Incyte Corp. (INCY) is recommended in the healthcare sector [4]. - Dell Technologies Inc. (DELL) and Jabil Inc. (JBL) are suggested in the tech industry, with Dell noted for its role in artificial intelligence infrastructure [4][5]. Group 4: Industrial, Utility, and Real Estate Sectors - Caterpillar Inc. (CAT), Cummins Inc. (CMI), and Jacobs Solutions Inc. (J) are favored industrial stocks [4]. - Entergy Corp. (ETR) and Boston Properties Inc. (BXP) are mentioned in the utility and real estate sectors, respectively [4]. Group 5: Market Context - Cramer's focus on undervalued stocks comes amid a market rally, where he has expressed concerns about speculation in risk assets [5]. - He previously suggested Canadian National Railway Company (CNI) as "way too cheap" [5].

Core Insights - The current market presents a challenge for investors seeking safe places to allocate new capital, as the S&P 500 is experiencing record highs and significant rallies [1] - There are still opportunities to find relatively inexpensive stocks with above-average growth potential, particularly within the S&P 500 [2] Stock Selection - A screen identified 104 S&P 500 stocks with above-average growth and below-average price multiples, narrowing down to 86 after excluding energy and materials sectors [3][4] - T-Mobile is highlighted for its expected 19.4% earnings growth next year, trading at just over 18 times next year's earnings [4] - Royal Caribbean and Expedia are noted as strong travel stocks, with Expedia projected to grow earnings by 18% next year while trading at 13 times earnings, significantly cheaper than Booking Holdings [5] - Dollar Tree is identified as a consumer staples stock with a 15% growth rate, trading at less than 15 times next year's earnings, making it a favorable option [6] Financial Sector Opportunities - The financial sector is experiencing favorable conditions, with 34 of the 86 identified stocks coming from this sector [7] - Capital One Financial is projected to have nearly 14% earnings growth next year, trading at roughly 11 times next year's earnings [8] - American Express is expected to grow earnings by 12.6% next year, trading at less than 20 times earnings, which is cheaper than the overall S&P [9] - Citigroup is highlighted for its strong recovery under CEO Jane Fraser, with expected growth of 28% next year while trading at just 10.5 times earnings [10] - Keycorp, a regional bank, is expected to grow at 22% next year, trading at just under 11 times next year's earnings [11] Other Notable Stocks - Charles Schwab is recognized as a strong retail brokerage, while Apollo is noted for its leadership in private equity and private credit with projected earnings growth of 19% [12][13] - Insight, a biopharma company, stands out in the healthcare sector with expected earnings growth of 19% and trading at just under 12 times next year's earnings [14] - Caterpillar is noted for its strong performance, with an expected 18% earnings growth and trading at 22 times next year's earnings [15] - Dell Technologies is mentioned as a core player in AI infrastructure, while BXP, a real estate company, has rebounded after trimming its dividend to focus on growth projects [18][19] - Energy, a utility company, is highlighted for its growth potential due to infrastructure projects, including a $10 billion data center by Meta [20]