Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned investment firms.

BlackRock (NYSE:BLK) stock climbed 4.4% in Wednesday premarket trading after the asset manager's Q4 earnings beat the consensus estimate, helped by record inflows boosting its assets under management.

BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).

Rising stock prices tend to bode well for BlackRock, the world’s largest money manager, as inflows boost the hundreds of funds it offers. The past quarter was likely no exception. Analysts tracked by FactSet expect the New York-based firm to report a record $11.

With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter and fiscal 2024 on a high note.

BlackRock made $25 billion of investments to strengthen its position in private markets, acquiring investment fund Global Infrastructure Partners and private credit-focused HPS In

BlackRock set a record for net inflows in 2024, with more than $600 billion.