Opinions Anastasia Amoroso, Chief investment strategist, iCapital
Apollo Asset ManagementAPOBUYDec 06, 2023
N/A
Stock price when the opinion was issued
$121.86
As of Jul 15, 2026. Market Open.
Financial Services
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
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TOP PICK
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
Financial Services
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.