MSCI - Jim Cramer Advises Investors To Buy Blackrock Despite Market Volatility: 'I Think That Was An Amazing Quarter' | Benzinga
In a recent episode of CNBC’s “Mad Money,” host Jim Cramer advised investors to buy shares of BlackRock Inc. (NYSE:BLK).
What Happened: On the Thursday episode of “Mad Money,” Cramer gave his opinion on several stocks during the show’s “Lightning Round” segment. When a caller inquired about BlackRock, Cramer was unequivocal in his response.
“I think you buy it. Period, end of story. I think that was an amazing quarter. That acquisition Larry Fink was really brilliant and the stock should go much higher,” Cramer said.
BlackRock recently completed the acquisition of MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community. The acquisition, which was announced in November 2023, was valued at $26 billion.
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