Carlyle: Asset-Management Tailwinds And A High Yield

Szepy Rallying stock markets around the world and a stabilizing bond market are tailwinds for asset managers. What's more, while capital market activity has been weak, there is optimism on Wall Street that dealmaking and private equity trends may improve in the second half of 2024. I reiterate my buy rating on Carlyle Group (NASDAQ:CG). I see more upside ahead, though shares are not a steal of a deal anymore. Furthermore, price action remains healthy, as the peak from a few years ago could be in play soon. ...