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The Blackstone Group L.P. (NYSE:BX)

CAPS Game Rating: 4 out of 5

An alternative asset manager Company and its business include the management of corporate private equity funds, real estate opportunity funds, funds of hedge funds, mezzanine funds, senior debt vehicles, proprietary hedge funds & closed-end mutual funds.

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Member Avatar pjinny (< 20) Submitted: 22/05/2009 03:29:28 : Outperform Start Price: $8.83 BX Score: +66.10

I just read an article in wsj about the government giving bx some of the toxic assets from the banks. Good news for this stock.

I liked them before the credit meltdown but realized their business model depends on the access to cheap money to finance their take overs.

Bx at $10 and change is a good buy for a mid to long term play.

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