I send out several tweets daily on as many of those that I can find @billgunderson.
Blackstone is in a healthy uptrend, it's in the right sector, a top performer over the years, and it passes my valuation test.
When I compare Blackstone against all of the other stocks that I follow, it comes in at No. 246 overall and earns a Gunderson Grade of "A-." (I buy only stocks that are ranked "A-" or better.)
As always, there are no guarantees in the stock market. Even though I am long this stock, it is part of a well-diversified portfolio that is managed every day.Data from Best Stocks Now App
At the time of publication, the author's clients were long BX, FSHOX, XHB and LL. Follow @pwstreet This article was written by an independent contributor, separate from TheStreet's regular news coverage.