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Enter Symbol:
 
THE BLACKSTONE GROUP LP (BX) [hlAlert]

Rating:
Buy BX
up 159.92 %

BusinessWeek: Top Stock Picks for 2010

Posted on: Monday,  Feb 15, 2010  8:36 PM ET by BusinessWeek: Top Stock Picks for 2010

BusinessWeek: Top Stock Picks for 2010 rated Buy THE BLACKSTONE GROUP LP (NYSE: BX) on 12/13/2009, when the stock price was
$13.70. Since then, THE BLACKSTONE GROUP LP has gained 159.93% as of 10/27/2015's recent price of $35.61.
If you would have followed this BusinessWeek: Top Stock Picks for 2010's recommendation on BX, you would have gained 159.92% of your investment in 2144 days.

Blackstone's team's success in pursuing those goals and beliefs is reflected today in the firm's outstanding reputation and its acknowledged role as a major global player. The material contained here is best read as an invitation to explore what The Blackstone Group can do for you and what we can do together. We hope you will review it in that spirit.

For investors, 2009 was a year when hopes of economic recovery sent a wide swath of the stock market higher. Even the market's most troubled companies had shares that doubled, tripled, or even quadrupled their prices. In 2010 the emerging rebound will surely have influence, as Wall Street bets on the direction of the economy, interest rates, and inflation. But next year investors may also benefit from some smart stockpicking. Strong individual results—especially unexpected earnings and sales growth—could help certain stocks stand out from the crowd. Bloomberg BusinessWeek asked experienced investors and market experts for their favorite stock picks of 2010. Not all the 16 stocks featured here will do well—in fact, our experts based their predictions on widely varying outlooks for 2010—but all have the potential to offer shareholders lucrative surprises next year. Click ahead for the diverse group of equities they chose. (Data from Bloomberg and Capital IQ. Sources currently own the stocks they recommend, unless otherwise noted.)
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/13/2009 4:00 PM Buy
None
13.70
as of 12/31/2009
1 Week up  21.18 %
1 Month up  16.49 %
3 Months   
1 YTD up  16.49 %

(*) Stock Price at the time of the recommendation.
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