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TD Cowen Sees Carlyle (CG) Entering New Growth Cycle after Strategic Reset

The Carlyle Group Inc. (NASDAQ:CG) is included among the 13 Best Income Stocks with Highest Upside Potential.

On February 27, TD Cowen raised its price recommendation on The Carlyle Group Inc. (NASDAQ:CG) to $67 from $65. It reiterated a Buy rating on the shares. The firm attended the company’s investor day and said the business appears to be moving into a stronger phase after a period of restructuring. The analyst said Carlyle now seems better positioned for improved execution. The firm also said the company’s path to more than $6 in distributable earnings by 2028 appears both achievable and conservative based on current plans.

On February 26, Reuters reported that Carlyle is targeting $200 billion in new capital by the end of 2028. The goal is to increase earnings generated from managing these assets. CEO Harvey Schwartz, who took the role three years ago, said he had “systematically reshaped” the company as part of its turnaround effort. Schwartz, a former Goldman Sachs executive, also noted that Carlyle’s Washington, D.C. location gives it an advantage in areas such as aerospace and defense investing. The firm’s capital raising target would exceed the $158 billion it raised between 2023 and 2025. Carlyle currently manages about $477 billion in total assets.

The company said about $90 billion of the targeted capital would come from credit strategies. Another $60 billion is expected from the AlpInvest secondaries business, and $50 billion from private equity funds. Carlyle also expects fee-related earnings to reach $1.9 billion by 2028, up from $1.2 billion in 2025. These earnings provide stable income for the firm and reflect the growth of its asset management platform.

The Carlyle Group Inc. (NASDAQ:CG) operates as a global investment firm. Its business includes Global Private Equity, Global Credit, and Carlyle AlpInvest. The Global Private Equity segment manages buyout, growth, real estate, infrastructure, and natural resources funds.

While we acknowledge the potential of CG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CG and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Best Performing Long Term Stocks to Invest In and 13 Best March Dividend Stocks to Buy

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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We alerted our subscribers, and BTI returned 90% in just 16 months.

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Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

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