Blackrock: An Attractive Setup To Buy A Globally Leading Franchise

hapabapa Blackrock (NYSE:BLK) delivered a strong Q1 2024 performance, beating analyst consensus estimate on both topline and earnings. During the first quarter, Blackrock's revenues, operating earnings, and assets under management increased by 11%, 18%, and 15% YoY. Reflecting on strong Q1 results, paired with confident management commentary on the FY 2024 outlook, I see Blackrock poised for significant earnings upside, buoyed by the resurgence of a bull market across equities, cryptocurrencies, and vari ...