May 24, 2022
BX, BLK and BAM are the largest stocks by Market Cap.
You might’ve heard the conspiracy theory that Blackrock owns the world, and while that may not be true, they do retain relative dominance over the asset management sector of the market, possessing the two largest market caps in the industry by a noteworthy margin.
Of course, they’re not the only game in town though, the asset management sector is ripe with many valuable businesses within the large cap division. This sector could present a stable investment opportunity in a much needed industry for the right investors, and shouldn’t be overlooked by those in search of the next home run.