$Blackstone (BX.US)$ BX is a strong company with a variable ...
$Blackstone (BX.US)$ BX is a strong company with a variable yield of 6.6% today but has averaged a 4.1% yield over the last five years. It's growing at 9% to 10%, a rate that might be sustainable for many years.
BX offers a 20% annual return potential over the next three years and a 150% total return potential over the next five years. It could potentially deliver 13% to 17% total returns and income growth for decades. Strong companies have been beaten down this last year, and this is one of them. But for BX, they are pretty much done being beaten up by the market; now is an excellent time to begin to start a long-term position with this company. I will significantly profit from holding this one long-term. Blackstone's business model is fundamentally sound and remains in a great position to continue to deliver superior risk-adjusted returns longer term. I will wait for the next dip to start a position in this one. At that point, I will begin to average down if needed. I would love for this to dip down to 72 again, but I will take a 76 to start. This one will not drop that much in the incoming months because the risk level at its current price level is minimal at best. This means I plan to take advantage of any dips because once the long-term incline begins on this one, the trend will continue for a while.
BX offers a 20% annual return potential over the next three years and a 150% total return potential over the next five years. It could potentially deliver 13% to 17% total returns and income growth for decades. Strong companies have been beaten down this last year, and this is one of them. But for BX, they are pretty much done being beaten up by the market; now is an excellent time to begin to start a long-term position with this company. I will significantly profit from holding this one long-term. Blackstone's business model is fundamentally sound and remains in a great position to continue to deliver superior risk-adjusted returns longer term. I will wait for the next dip to start a position in this one. At that point, I will begin to average down if needed. I would love for this to dip down to 72 again, but I will take a 76 to start. This one will not drop that much in the incoming months because the risk level at its current price level is minimal at best. This means I plan to take advantage of any dips because once the long-term incline begins on this one, the trend will continue for a while.
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