New York-based Apollo Global Management, Inc. (APO) is a private equity firm that specializes in investments in credit, private equity, infrastructure, secondaries, and real estate markets. Valued at a market cap of $96.7 billion, the company employs a combination of contrarian, value, and distressed strategies to make its investments.
This asset management company’s shares have massively outpaced the broader market over the past 52 weeks. APO has rallied 68.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained nearly 22.7%. Moreover, the stock is up 3.5% on a YTD basis, compared to SPX’s 2.7% rise during the same time frame.
