Blackstone: Why I'm Booking Profits Even Though The Company Is Well-Positioned To Grow

May 15, 2021 2:03 AM ETBlackstone Inc. (BX) StockBX45 Comments
Dilantha De Silva
12.34K Followers

Summary

  • 2020 was a rollercoaster year for the private equity industry, and Blackstone emerged victorious as a result of prudent investment decisions.
  • The private equity industry landscape is changing dramatically, and Blackstone seems to be well-positioned to report strong earnings growth.
  • There are two main reasons behind my decision to book the profits without waiting for shares to unlock their true value.

Close-up of hands holding tablet with business inscription
Photo by ra2studio/iStock via Getty Images

Just over a year ago, I published an article on The Blackstone Group, Inc. (NYSE:BX) in which I discussed why the private equity firm was well-positioned to turn the then challenging macroeconomic

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This article was written by

12.34K Followers
Dilantha De Silva is an experienced equity analyst and investment researcher with over 10 years in the investment industry. He writes insightful articles for Seeking Alpha, GuruFocus, TipRanks, and ValueWalk, with a significant following on Seeking Alpha. Dilantha’s expertise spans across various sectors, with a particular focus on small-cap stocks that are overlooked by Wall Street analysts. He is a CFA Level III candidate and an Associate Member of the Chartered Institute for Securities and Investment (CISI). Dilantha has been featured on CNBC and Bloomberg, and his work has been prominently showcased on Nasdaq, Yahoo Finance, and other leading investment platforms. When not analyzing stocks and writing, Dilantha is involved in private equity transactions, including acquiring and managing businesses.

Analyst’s Disclosure:I am/we are long BX. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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