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

I'm sure that I have shorted Blackstone here in the past, but at today's prices the company is too cheap to ignore. It's assets under management have doubled since it's IPO, yet it's stock price has imploded. Its GAAP financials hide the business's profitability. With a solid franchise, huge dividend, and net cash on it's balance sheet, BX is a good bet to outperform the S&P going forward.

Deej

Financials in general scare me to death, and I don't invest in them. But this is a game, so what the hell...

BX seems to have the cash and is deploying it right now on distressed European assets and commercial real estate. Sounds dumb right? Just so crazy it may just work....

Despite the headwinds of high unemployment, increased commodities prices, U.S. budget deficit, sovereign debt pressures in Europe, and political turmoil in north Africa and in the middle east, the global economy is starting to recover. Equities have strengthened, and they are reporting stronger cash inflows to their funds and market asset appreciation. Their real estate arm is also starting to see a rebound in the commercial side. Management is starting to build up cash for a new investment, In the near term retain investment gains to raise its capital even more so they can participate in deals and offer new funds, this will help reduce their reliance on debt and improve their ability to generate earnings.

This company seems to be in a good spot right now. There are a good number of investments of the types that it makes that can be bought for good prices. Seems to be well run with a good yield.

Companies have wads of cash sitting on their balance sheets making it a tough time for PE firms to compete. And loading up buyouts with debt like BX did with Freescale isn't popular any more.

With Blackstone near its 52-week highs, I'm seeing it ripe for a sharp pullback.

$25 by EOY.

I truely believe that M&A activity will be big this year and Blackstone is among the best. I only recently became aware of the stock.

These guys are poised to explode. Being able to raise $15B in commitments for a new fund in this environment? Count me in.

Massive Dilution!

undervalued... a mini goldman sachs...

Gaining market share, cheap valuation and attractive dividend yield

M&A to pick up in 2011.... BX, GS, KKR, and the rest of the usual suspects will be putting up monster years. Buy all of them heavy, but wait for the dips. don't chase, you'll have time to catch them on down days. BX and KKR are cheap right now.

There is a lot of good pricing for the privet equity, i hope it will materialism in the short time.

M&A will continue to pickup and market will recover giving BX more earnings and exits from their funds.

Good present valuation

It's been down significantly. Great track record prior to that...
should be able to perform outstandingly despite financial reform.

Goal $15-18 per share

M&A activity is picking up which is good for this private equity and advisory firm. I don't think the dividend is very reliable so I wouldn't own this one for the dividend alone. However, I don't mind collecting the dividend when it comes.

this divedend powerhouse will double in the next three years. A Goldman Sachs for the little guy.