Blackstone is trading around $121 (down from a 52?week high of $190), putting it only ~5% above its 52?week low of $115.66 MSN Money. Historically, BX becomes attractive when it trades near its long?term support zones and when sentiment-driven selloffs (like the Blue Owl redemption freeze) overshoot fundamentals. A reasonable entry zone is typically $115–$125, with $115–$118 being the “high?conviction” level if you want to buy near structural support.
Historically, BX finds buyers at:
• Major round numbers (e.g., $120, $110)
• Prior multi?month support
• Dividend yield peaks (BX becomes attractive when yield > 4%)
Right now, yield is 3.77%, which is close but not peak?attractive.
YMYD
