Core Insights - BlackRock, Inc. is highlighted as a recession-proof stock pick by Jim Cramer, particularly due to a price target increase and its negotiation to acquire Aligned Data Centers for $40 billion [1][2][3] Group 1: Stock Performance and Analyst Ratings - Citi raised BlackRock's price target from $1,200 to $1,350, maintaining a Buy rating, indicating expected future growth in the stock's value [2] - BlackRock is ranked second in CNBC's list of top stock market picks by Jim Cramer, primarily due to its potential acquisition of Aligned Data Centers [3] Group 2: Company Overview and Market Position - BlackRock is one of the world's largest asset managers, providing a wide range of investment, advisory, and risk management solutions, including iShares ETFs and the Aladdin technology platform [4] - The company has strong institutional interest, with 58 institutions currently invested in its stock [4]

Core Viewpoint - BlackRock, Inc. has increased its stake in Freedom Holding Corp. to 0.85%, investing approximately $89 million, making it the second-largest shareholder after founder Timur Turlov [1][2][3] Group 1: Investment Details - BlackRock acquired an additional 443,965 shares, raising its total holdings to 520,565 shares [2] - The investment by BlackRock reflects growing interest from global institutional investors in Freedom Holding Corp. [3] Group 2: Company Overview - Freedom Holding Corp. operates in 22 countries, including Kazakhstan, the United States, and several European nations, providing a range of financial services [4] - The company is actively developing its financial and digital ecosystem in Kazakhstan, which includes various subsidiaries such as Freedom Bank and Freedom Broker [4] - Freedom Holding Corp. is listed on NASDAQ, Kazakhstan Stock Exchange, and Astana International Exchange under the ticker symbol FRHC [4]

Core Insights - BlackRock, Inc. has increased its stake in Freedom Holding Corp. to 0.85%, investing approximately $89 million, making it the second-largest shareholder after founder and CEO Timur Turlov [1][2] - BlackRock acquired an additional 443,965 shares, bringing its total holdings to 520,565 shares [2] - The presence of BlackRock and other institutional investors indicates the resilience and strategic potential of Freedom Holding in international markets [3] Company Overview - Freedom Holding Corp. operates in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia [4] - The company is developing a financial and digital ecosystem in Kazakhstan, which includes Freedom Bank, Freedom Broker, and various insurance companies [4] - Freedom Holding Corp. is listed on NASDAQ, Kazakhstan Stock Exchange (KASE), and Astana International Exchange (AIX) under the ticker symbol FRHC [4]