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Monday, July 16, 2018

SpeculatingStocks.com Stock Pick



Stock Price: $503.96

BlackRock, Inc. engages in the provision of investment management, risk management, and advisory services for institutional and retail clients worldwide.

BlackRock is another well respected brand in the investment management space, much like Goldman Sachs.


BLK has decided and announced that they are forming a team to look into taking advantage of the cryptocurrency market as well as blockchain. This is a massive deal the Crypto space is extremely hot with $5.6 billion raised through Initial Coin Offerings (ICOs) last year.

The crypto industry; however, needs some adult supervision for it to mature and this is where both BlackRock and Goldman Sachs come in long-term.

There is tremendous growth potential ahead for both companies as they are well respected and will become integral in helping the cryptocurrency industry mature.

Speculative Score: 1

1 Being the Least Speculative and Most Confident

10 Being the Most Speculative and Possibly the Most Risky

 
     
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