Opinions Brianne Gardner
Apollo Asset ManagementAPOBUY ON WEAKNESSJun 02, 2023
Stock price when the opinion was issued
As of Jul 15, 2026. Market Open.
You might be interested:
The latest upgrade makese sense. There's a huge secular growth opportunity and these alternative managers expand into wealth management. Also, there's potential for cyclical growth--fundraising in private equity has beeen very slow this year, slow deal flows. But now, valuations in private equity have reset by 20%. This is attracting interest back in this space and bodes well for 2024.
It is an asset management company that focuses on investments in private equity and that lack liquidity. This is hard to do for an individual investor. It is in a volatile market because of the interest rate environment which affects companies that use debt. It has a good management team.
Buy 10 Hold 6 Sell 0
Shares up the past year ~8%.
Sees potential for upside.
Would recommend buying on weakness.
Upward momentum for investors.
Wait for share to fall before investing.