Apollo (APO) Stock May Be Below Fair Value On Apartment Portfolio Deal

Apollo Global Management has delivered a 58.8% return over the past 5 years, yet the recent share pullback and busy deal calendar raise a sharper question for investors about whether today's valuation is supported by the returns it earns on its capital. With the stock last closing at US$111.69, the issue is less about short-term price moves and more about how efficiently Apollo turns its sizeable equity commitments into long run value for shareholders. A 58.8% gain over 5 years places...