BlackRock Is Trailing S&P500 By 13% YTD, Is There Room For Growth?

NEW YORK, NEW YORK - JULY 15: People stand outside the BlackRock office building during a heat wave ... [+] at 50 Hudson Yards on July 15, 2024 in New York City. (Photo by Craig T Fruchtman/Getty Images)Getty ImagesBlackRock’s stock (NYSE: BLK) has gained roughly 4% YTD as compared to the 17% rise in the S&P500 index over the same period. In sharp contrast, BlackRock’s peer State Street’s stock (NYSE: STT) is up 10% YTD. Overall, at its current price of $845 per share, BLK stock is trading 10% below its fai ...