BlackRock: Not Buying The Dip Ahead Of Q4 Earnings
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BlackRock's Q4 2024 earnings are anticipated to show strong year-over-year growth due to higher equity markets and strong inflows, particularly from the iShares Bitcoin Trust. Despite a recent stock price correction, BlackRock's valuation remains above its historical average.
January 13, 2025 | 5:00 pm
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BlackRock's Q4 2024 earnings are expected to show strong growth due to successful ETF launches, including the iShares Bitcoin Trust. Despite a recent stock price correction, the company's valuation is above its historical average.
The anticipated strong earnings growth and successful ETF launches, particularly the iShares Bitcoin Trust, are positive indicators for BlackRock. Despite a recent stock price correction, the company's valuation remains high, suggesting potential for stock price recovery.
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