5 Best Asset Management Stocks to Buy Right Now

2. KKR & Co. Inc. (NYSE:KKR)

Number of Hedge Fund Holders: 76

KKR & Co. Inc. (NYSE:KKR) is one of the 10 best asset management stocks to buy right now.

KKR & Co. Inc. (NYSE:KKR) was reportedly exploring a multibillion-dollar sale of CoolIT Systems, in a transaction value exceeding $3 billion. An article in the Financial Times reported on March 8, 2026, that the company is targeting a potential 10-fold return on its 2023 investment, driven by rapid growth in AI infrastructure. Post its transition from gaming to liquid cooling for data centers, there has been a surge in value as hyperscalers expand global capacity. Nearly 3,000 new data centers under construction or planned in the U.S. increase the stakes for the industrial cooling industry, with it the demand for CoolIT, the report says.

Separately, on March 2, 2026, Barclays analyst Benjamin Budish lowered the firm’s price target on KKR & Co. Inc. (NYSE:KKR) from $136 to $127. The firm maintained an Overweight rating on the stock. The adjustment follows the firm’s sector-wide revision for alternative asset managers. The analyst further noted in the research note that it cannot quantify the long-term impact of AI on portfolio companies, but it has lowered earnings estimates for business development companies based on lower flow assumptions and realizations.

Founded in 1976, KKR & Co. Inc. (NYSE:KKR) is a global investment leader pioneering the leveraged buyout industry. The company has its headquarters in New York.