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BlackRock Innovation and Growth Trust of Beneficial Interest
2024-01-26 07:05:48 ET
Summary
Growth and innovation stocks are expected to perform well in 2024 after experiencing a cycle of boom and bust.
The BlackRock Innovation and Growth Term Trust presents an interesting investment opportunity as it may have bottomed out and is trading at a 17% discount to NAV.
BIGZ is a complex closed-end fund with high risks.
Growth and innovation stocks are one of my favorite plays in 2024. Many of them have seen a complete cycle of boom and bust and are recovering again. Lower rates and a dovish Fed should provide a positive backdrop which could last several years....