Reported 2 days ago
Jim Cramer believes that BlackRock, Inc. (NYSE:BLK), a giant asset manager with $12 trillion in assets, is well-positioned to capitalize on the emerging stablecoin market despite some recent stock volatility. After a dip in July due to a drop in long-term inflows, Cramer remains optimistic about BlackRock's potential for growth, emphasizing that its strength in management will give it an edge in the financial sector.
Source: YAHOO