| Stock (Symbol) | Stock Price | |
BlackRock (BLK) |
$188 |
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| Data is as of | Expected to Report | Sector |
October 25, 2012 |
Jan 14 |
Finance |
| Sharek’s Take | ||
 BlackRock is a mutual fund company. It does well when the stock market rises because when its funds under management rises, the fees it charges clients rises too. With the market rising, BLK should go up as well. Investors are adding funds to BlackRock funds too, and the combination of market gains and additional funds should make BLK a solid investment for 2013. |
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| Ten-Year Chart | ||
 BLK was a solid investment seven-to-ten years ago. The company was growing rapidly and BLK was a growth stock. The 2008 stock market crash hurt profits and after that BLK traded in a wide range. Now profits are at record highs and BLK should be too. Expect BLK to move steadily higher, as it did around a decade ago. |
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| Profit History | ||
 BLK used to have a P/E of around 25. But then BlackRock was a smaller faster growing company. Now its estimated Long Term Growth Rate is 12%. BlackRock usually ups the dividend before the first quarter payment gets paid out to shareholders. |
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| comPower Ranking | Bottom Line | |
Conservative Portfolio
4 of 18 |
BlackRock is a solid financial stock that should do quite well in 2013 through the combination of investors pouring money into stock mutual funds and a strong year for the stock market. BLK is ranked 4th in the Conservative Growth Portfolio Power Rankings. Don’t own funds, own the fund companies. | |
