Positive
Seeking Alpha
yesterday
Apollo Global: Private Credit Fears Create Opportunity (Upgrade)
Apollo Global Management, Inc. shares have underperformed, but current valuation and business resilience present a buying opportunity with over 15% upside. Recent bankruptcies in private credit have raised concerns, yet APO's direct exposure is limited, and its long-term contracts insulate revenue from outflows. APO's growth is driven by fee momentum, robust AUM expansion, and the Athene insurance unit, which is well-positioned against market volatility.