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Stock impact report

Infrastructure opportunity [Globe and Mail, The (Toronto, Canada)]

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
We see a clear beneficiary: infrastructure. Most investors could increase their exposure to this diverse asset class, in our view. Beyond the AI buildout, multiple mega forces support long-term demand. Valuations look low to fair versus history. And cash flows that often adjust with rising prices can help hedge inflation risk. Infrastructure, traditionally viewed as a stodgy defensive sector, is now at the center of interlocking mega forces. Geopolitical fragmentation is leading governments to emphasize energy security. Population growth in emerging markets requires upgrading urban infrastructure. Nuclear and renewable power for the low-carbon transition often need more up-front investment than traditional energy sources. Yet valuations, weighed down as interest rates have climbed, do not reflect this growth potential. Listed infrastructure equities trade at nearly 20% below their long-term average on enterprise-value-to-EBITDA multiples – below levels at the financial crisis an Show less Read more
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