BlackRock - Strong Results, Great Track Record, Appeal On Dips
- BlackRock posts strong results, driven by strong markets and asset inflows.
- The company has built up an impressive track record over the past decade.
- As such, the 15 times earnings multiple valuation is deserved, accompanied by healthy dividends.
- Yet, I remain cautious, as the recent sell-off has not really impacted shares yet, but could impact the future operating performance.