Should Income Investors Buy This Blue-Chip Dividend Stock?
For about as long as there have been assets, they have been managed by someone. In fact, the history of asset management dates back 2 1/2 millennia to ancient Greece.
The industry has adapted to technological advancements over that time, and will likely always be around in some capacity. And as the most dominant asset manager in the world, BlackRock (NYSE: BLK) is arguably a must-own stock for dividend growth investors.
But with the stock up about 50% from its 52-week low of $503, is BlackRock still a buy? Let's dive into the company's fundamentals and valuation to try to decide.
Source Fool.com
