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Headquartered in New York City, Blackstone Inc. (BX) is a leading global investment firm with a market cap of $132.2 billion. Known for its expertise in alternative asset management, Blackstone specializes in investments across private equity, real estate, credit, and hedge funds.
Shares of this leading asset management firm have considerably outperformed the broader market over the last year. BX has gained 83.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 35.5%. In 2024 alone, BX stock is up 38%, compared to the SPX, which is up 25.5% on a YTD basis.