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The triggering event for this mass freak-out about BlackRock appears to be a Wall Street Journal article from April about a new spurt of home purchases to convert into rentals. BlackRocks LTM net income posted at 58 billion or 98X the 1999 figure while the companys PE multiple has expanded to 24X thereby raising its market cap to 141 billion or by 128X the 1999 figure. While BlackRock Inc.
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While BlackRock Inc. Any advice contained in this website is general advice only and has been prepared without considering your objectives financial situation or needs. Are BlackRock and Wall Street buying up all the homes in America. Writing in The Wall Street.
