Is Blackstone Inc. (BX) One of the Best Dividend Stocks to Invest in According to Jim Simons' Renaissance Technologies?
The article discusses Blackstone Inc. (BX) as a potential top dividend stock according to Jim Simons' Renaissance Technologies. It reports that on July 6, 2026, Blackstone announced an agreement for its Blackstone Energy Transition Partners funds to acquire Dresser Utility Solutions. This acquisition gives Blackstone access to a provider of natural gas, water measurement, and infrastructure equipment solutions, marking the first investment by Blackstone's private equity energy transition vehicle. Dresser is benefiting from rising demand for energy grid infrastructure. David Evans, CEO of Dresser Utility Solutions, stated the deal will leverage Blackstone's resources to invest in innovation and expand product offerings, aiming to build a leading infrastructure technology platform. Blackstone is described as the world's largest alternative asset manager, investing in corporate private equity, real estate, infrastructure, and credit. The article also promotes a separate report on AI stocks.
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