Blackstone: Not A Bargain, But Disciplined Upside Exists

Core Insights - Blackstone (BX) has achieved double-digit growth in assets under management, fee-related earnings, and distributable earnings over the past year, yet its stock has declined by over 7% during the same period, indicating broader market issues [1]. Group 1: Financial Performance - The company reported double-digit growth in various segments, including assets under management, fee-related earnings, and distributable earnings [1]. Group 2: Market Sentiment - Despite strong financial performance, Blackstone's stock has experienced a decline of over 7%, reflecting potential concerns in the broader market [1].