Here's How Much a $1000 Investment in BlackRock Finance Made 10 Years Ago Would Be Worth Today

How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks.What if you'd invested in BlackRock Finance (BLK) ten years ago? It may not have been easy to hold on to BLK for all that time, but if you did, how much would your investment be worth today?BlackRock Finance's Business In-DepthWith that in mind, let's take a look at BlackRock Finance's main business drivers. BlackRock Inc., headquartered in New York, offers products that span the risk spectrum, including active, enhanced and index strategies through a variety of structures that include separate accounts, mutual funds, iShares, exchange traded funds (ETFs) and other pooled investment vehicles.BlackRock also offers technology services as well as advisory services and solutions to institutional and wealth management clients. The company manages its clients’ assets as a fiduciary.BlackRock manages its AUM through the following categories:Equity: BlackRock’s equity AUM reflects the diversity of its business model and includes a wide range of both active and passive strategies. AUM for this class was $6.28 trillion as of Sept. 30, 2024.Fixed Income: BlackRock’s fixed income asset class is evenly divided between passive and active mandates. AUM under this class was $3.02 trillion as of Sept. 30, 2024.Multi-Asset Class: BlackRock’s multi-asset class team manages a range of personalized mandates that leverage its broad investment expertise in global equities, currencies, bonds and commodities and its extensive risk management capabilities. As of Sept. 30, 2024, AUM under this class was $1 trillion.Alternatives: BlackRock Alternative Investors manage the company’s alternative investment efforts, including product management, business development and client service. AUM under this class was $319.8 billion as of Sept. 30, 2024.Cash Management: Cash management products include taxable and tax-exempted money market funds and customized separate accounts. AUM under this class was $849.4 billion as of Sept. 30, 2024.In 2017, BlackRock acquired the First Reserve Energy Infrastructure Funds and Cachematrix. In 2018, it acquired Tennenbaum Capital Partners and the asset management business of Citibanamex. In 2019, the company acquired Paris-based eFront. In 2021, it acquired Aperio Group LLC and the Climate Change Scenario Model of Baringa Partners. In 2023, the company acquired London-based Kreos Capital. In May 2024, it acquired SpiderRock Advisors and Global Infrastructure Partners in October 2024.Bottom LineAnyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in BlackRock Finance a decade ago, you're probably feeling pretty good about your investment today.According to our calculations, a $1000 investment made in November 2014 would be worth $2,912.14, or a gain of 191.21%, as of November 25, 2024, and this return excludes dividends but includes price increases.The S&P 500 rose 189.28% and the price of gold increased 116.52% over the same time frame in comparison.Analysts are anticipating more upside for BLK. BlackRock’s shares have outperformed the industry in the past six months. Its third-quarter 2024 results reflect solid assets under management (AUM) balance and higher revenues. Improving AUM balance and efforts to restructure active equity business and strengthen private markets capabilities are expected to support top-line growth. The planned acquisition of Preqin, along with the buyouts of Global Infrastructure Partners and a 75% stake in SpiderRock, will boost the revenue mix. However, high operaing expenses (majorly due to higher general and administration costs) are expected to hurt profitability. Its reliance on overseas revenues exposes it to geopolitical tensions, different regulatory/economic environments and exchange rate fluctuation. Yet, solid liquidity position and earnings strength keep its capital distributions sustainable. Over the past four weeks, shares have rallied 6.41%, and there have been 7 higher earnings estimate revisions in the past two months for fiscal 2024 compared to none lower. The consensus estimate has moved up as well.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BlackRock, Inc. (BLK): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks