Financial Advisors See Upside in Blackstone After Big Asset Sale - InvestingChannel

Financial Advisors See Upside in Blackstone After Big Asset Sale

Good Morning advisors, to open up your week, we wanted to showcase what your colleagues have been heavily researching last week. In particular, while the Energy Sector has taken a beating, there is one company doubling down…Blackstone Group (BX) was in the spotlight last week after the asset management firm said that its Blackstone Energy Partners affiliate closed the sale of a 42% stake in Cheniere Energy Partners (CQP) to Brookfield Infrastructure for $7 billion. Blackstone and affiliates initially invested $1.5 billion in Cheniere Energy Partners to build two liquefaction trains in Louisiana in 2012. While the stock saw minimal reaction to the asset sale, traffic to BX increased exponentially Thursday and remained elevated Friday. The stock is up 2% Monday.

In fact, Blackstone was the third most read stock ticker by financial advisors last week behind Tesla (TSLA) and Apple (AAPL), according to TrackStarIQ rankings. In this edition of Advisors In Focus: TrackStar Insights we highlight the other stocks, industry groups, exchange traded funds, and ETF categories that were the most heavily researched by financial professionals last week. Please find the listings below.

Top Stocks by Total FA Traffic* :

Rank      Ticker      Company     
3 BX Blackstone Group
2 AAPL Apple
1 TSLA Tesla

Top Industry Groups by FA Traffic* :

Rank      Industry Group     
3 Conglomerates
2 Auto Manufacturers
1 Biotechnology

Top ETF by Total FA Traffic* :

Rank      Ticker      Company     
3 SQQQ ProShares UltraPro Short QQQ
2 QQQ Invesco QQQ Trust
1 SPY SPDR 500 Trust

Top ETF Categories by FA Traffic* :

Rank      ETF Category     
3 Previous Metals
2 Leveraged Equities
1 Large Cap Growth Equities

*Total Traffic is defined as pageviews for the week ended Sept. 25, 2020.

Rank (Verified FA Traffic) Top Stocks Ranked by Financial Advisor Traffic Over the Past Week Ticker Top Industry Groups Ranked by Financial Advisor Traffic Over the Past Week Top ETFs Ranked by Financial Advisor Traffic Over the Past Week Ticker Top ETF Categories Ranked by Financial Advisor Traffic Over the Past Week
1 Tesla Inc TSLA Biotechnology SPDR S&P 500 ETF SPY Large Cap Growth Equities
2 Apple Inc AAPL Auto Manufacturers Invesco QQQ QQQ Leveraged Equities
3 Blackstone Group Inc BX Conglomerates ProShares UltraPro Short QQQ SQQQ Precious Metals
4 Just Energy Group Inc JE Consumer Electronics iShares Silver Trust SLV Materials
5 Inovio Pharmaceuticals Inc INO Software – Application VanEck Vectors Gold Miners ETF GDX Financials Equities
6 Sorrento Therapeutics Inc SRNE Asset Management ProShares UltraPro Short S&P 500 SPXU Technology Equities
7 Workhorse Group Inc WKHS Software – Infrastructure Financial Select Sector SPDR Fund XLF Health & Biotech Equities
8 Peloton Interactive Inc PTON Drug Manufacturers – Specialty & Generic SPDR Gold Trust GLD Small Cap Growth Equities
9 Microvision Inc MVIS Diagnostics & Research SPDR Dow Jones Industrial Average ETF DIA Leveraged Commodities
10 Sanara MedTech Inc. SMTI Solar Vanguard Total Stock Market ETF VTI Government Bonds
11 Amazon Com Inc AMZN Internet Content & Information ProShares UltraPro QQQ TQQQ Small Cap Blend Equities
12 SPI Energy Co Ltd SPI Specialty Industrial Machinery Direxion Daily Gold Miners Bull 3X Shares NUGT Large Cap Blend Equities
13 Landcadia Holdings II Inc LCA Specialty Retail Technology Select Sector SPDR Fund XLK Global Equities
14 NIO Inc NIO Utilities – Diversified ARK Innovation ETF ARKK Total Bond Market
15 iBio Inc IBIO Internet Retail iShares Russell 2000 ETF IWM Industrials Equities
16 Sunworks Inc SUNW Oil & Gas E&P SPDR S&P Regional Banking ETF KRE Energy Equities
17 Slack Technologies Inc WORK Auto Parts Vanguard Intermediate-Term Treasury ETF VGIT Inverse Equities
18 Aurora Cannabis Inc ACB Entertainment iShares Gold Trust IAU Oil & Gas
19 Vaxart Inc VXRT Medical Devices MicroSectors U.S. Big Oil Index 3X Leveraged ETN NRGU High Yield Bonds
20 Amarin Corp Plc AMRN Scientific & Technical Instruments ETFMG Alternative Harvest ETF MJ Emerging Markets Equities

Related posts

Peers Reducing Beta in Uncertain Times

InvestingChannel

Can this Stock Ease Your Stress?

InvestingChannel

Advisors Looking East and Going for Gold

InvestingChannel

Market Showing Some Crox

InvestingChannel

Tech Earnings, Elections and Covid Oh My!

InvestingChannel

Commodities at the Forefront as Elections Loom

InvestingChannel