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5 pts

Opinion on  BlackRock Inc (BLK)     Sector: Financial  >  Industry: Investment Services
Abu Dhabi ahoy!!!

May 31, 2008 06:13 AM GMT
Return Risk
-24.77% MID
Sr. Analyst

Fundamental Analysis   Favorable/Unfavorable Valuation  

Blackrock is just the latest investment firm looking to the middle east for opportunities.  Blackrock will hold its annual board meeting in abu dabi on June 2.  The CEO of Blackrock, Larry Fink claims that the middle east is the best place to invest.  Blackrock is also making huge bets on distressed assets with the purchase some 15 billion in mortgages from UBS.  Blackrock is positioned perfectly for the coming years with investments in real estate and potential investments in the middle east.


BLK:  This call was made on 05/31/08 @ $223.8
Rating:   Positive   $223.8 (05/31/08)
Gain/Loss:   +1.66% in 526 days


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