The Blackstone Group Inc. (BX)

60.76
NYSE : Finance
Prev Close 60.15
Day Low/High 60.39 / 61.39
52 Wk Low/High 32.17 / 60.19
Avg Volume 4.00M
Exchange NYSE
Shares Outstanding 659.35M
Market Cap 68.87B
EPS 2.30
P/E Ratio 26.04
Div & Yield 1.92 (3.30%)

Adding to My Financial Longs

I'm adding further to my longs of Bank of America (BAC), Blackstone Group (BX), Citigroup (C), Goldman Sachs (GS), Morgan Stanley (MS) and most of my other financial holdings now. See my recent missive for my rationale. If I'm correct, we're seeing ...

Adding to My Financial-Sector Longs

I've added to the following financial-sector longs this morning: Goldman Sachs (GS) at $149.25. Morgan Stanley (MS) at $23.59. A small addition to Blackstone Group (BX) at $25.04.

Today's Takeaways and Observations

My thoughts on the day: I outlined my near- and intermediate-term outlook in parts one and two of this morning's opening salvo. I moved in dramatic fashion from a relatively large net long exposure taken on a week ago Wednesday and Thursday to a sma...

The Rally that Nearly Everyone Hates

I'm not much of a technician, but the S&P 500 has now broken through the resistance level that three previous attempts failed to breach. (I discussed this further in my opening missive today.) We're now more than 100 handles above the S&P 500's "noo...

Blackstone Rocks!

I'm going long on the Blackstone Group (BX) today and putting it on my "Best Long Ideas" list for reasons that I'll highlight shortly in an upcoming thesis in favor of junk bonds. I'll also have more to say about BX next week. But for now, click her...

Charts Indicate Blackstone Is Crumbling

Charts Indicate Blackstone Is Crumbling

The chart has been indicating a sell signal for months; $20 is the next area of support. 

The Market Gurus That I Listen To

I've gotten e-mails throughout the years from subscribers who've asked me whom I listen to in order to formulate my investment and economic views. Here's a partial list, along with an explanation as to why various "gurus" are on it: Investment Manag...

Byron Wien's 10 Surprises for 2016

My pal Byron Wien of the Blackstone Group (BX) has announced his 10 Surprises for 2016. Compare them to my list here and here and tell me what you think!

Private Equity's Watchwords: Cash and Caution

A new report indicates that conditions are changing for private equity firms.

Jim Cramer's 2016 Prediction: Eli Lilly Will Hit $100 a Share

Jim Cramer's 2016 Prediction: Eli Lilly Will Hit $100 a Share

Jim Cramer made some predictions about the stock market in 2016 while answering viewers’ social media questions.

Chart of the Day

Click here to check out the weak one-year chart of The Blackstone Group (BX). This could serve as yet another warning sign for equities' future over the coming months. Moroever, 4k BX Jan. 28 puts just traded (to open) at $0.44.

Boost Your Portfolio Returns By Adding Private Equity Says AMG Analyst

Boost Your Portfolio Returns By Adding Private Equity Says AMG Analyst

Private equity (PE) as an asset class has outperformed stocks, bonds, hedge funds and REITS over the last 10 years.

Blackstone upgraded at Oppenheimer

Here Are 5 Energy Stocks to Watch

An update on some stocks that interested me.

GE-Alstom Deal Moves Ahead on EU Approval; Stocks Rebound

GE-Alstom Deal Moves Ahead on EU Approval; Stocks Rebound

General Electric (GE) maintained earlier gains after the European Union approved its $17 billion acquisition of Alstom's energy business.

Living in Your Own Private Equity Portfolio

Living in Your Own Private Equity Portfolio

Six specific selections fill out our Blackstone-inspired stock portfolio.

How You Can Do What Blackstone Does

How You Can Do What Blackstone Does

To get the same results (or close to them), adopt the same mindset.

Digesting What Blackstone Is Serving Up

Its president expresses concern about what lies ahead at retirement for young Americans.

Quant Picks: Companies to Buy That Also Pay High Dividends

Quant Picks: Companies to Buy That Also Pay High Dividends

Here are some of the best stocks that pay high dividends, TheStreet Quant Ratings says you should consider looking at.

Day Ahead: Central Bankers Galore

Day Ahead: Central Bankers Galore

We have both Draghi and Yellen speaking today.

What to Watch Thursday: Yellen Testimony, Google Earnings

What to Watch Thursday: Yellen Testimony, Google Earnings

For Thursday July 15, TheStreet outlines the second day of Janet Yellen’s testimony to Congress, the key earnings reports for the day, as well as economic data on Wall Street.

Day Ahead: The Fed Takes Center Stage

Day Ahead: The Fed Takes Center Stage

U.S. futures running higher ahead of the central bank's latest announcement.

Higher Interest Rates From the Fed Are Coming, Economists Believe

Higher Interest Rates From the Fed Are Coming, Economists Believe

Higher interest rates are coming. That will be the message Fed Chairwoman Janet Yellen will try to send to markets this week, economists said.

Market Wrap: U.S. Stocks Rally

Consumer staples, telecom and energy names lead the way higher Tuesday.

NCR Jumps on Blackstone, Carlyle Interest; Stocks Grind Higher

NCR Jumps on Blackstone, Carlyle Interest; Stocks Grind Higher

ATM manufacturer NCR Corp (NCR) shot higher on reports Blackstone Group (BX) and Carlyle Group (CG) were preparing to make a joint bid.

Jim Cramer Says Netflix Makes a Good Graduation Gift

Jim Cramer Says Netflix Makes a Good Graduation Gift

TheStreet's Jim Cramer answers your Twitter questions about Blackstone (BX), Twitter (TWTR), and other stocks from the floor of the New York Stock Exchange.

Land of Milken and Honey

Plenty of good investing ideas at Milken Institute's conference

KKR's Prisma Capital Starts Best Ideas Fund

A $10 billion unit that allocates money to hedge funds.

Getting in Position for the Next Oil Boom

Getting in Position for the Next Oil Boom

Various factors coming into play may affect strategy.

Quarterly Earnings in Focus

Quarterly Earnings in Focus

March quarter earnings take a front seat.