The Blackstone Group (NYSE:BX) is the Barchart Chart of the Day. The investment management firm has a Trend Spotter buy signal, a Weighted Alpha of 52.40+, gained 48.99% in the last year and paid an 8.36% dividend yield.
The Chart of the Day belongs to the Blackstone Group . I found the stock by sorting the All Time High list for the stocks with the highest technical buy signals, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 3/31 the stock gained 11.34%.
Blackstone is one of the world’s leading investment and advisory firms. Their alternative asset management businesses include the management of corporate private equity funds, real estate funds, funds of hedge funds, credit-oriented funds, collateralized loan obligation vehicles (CLOs) and closed-end mutual funds. The Blackstone Group also provides various financial advisory services, including mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services.
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