Brookfield Asset Management Inc (A)…

Brookfield Asset Management Inc (A) (BAM.A.TO)

0.00

-0.00 (0.00%)

971 watching

DON'T BUY

Run by brilliant people. Spectacular job. Share prices of parent and subsidiaries are just too expensive, a victim of their own success, so he wouldn't be a buyer. This is not a negative comment on management or the company.

TRADE

Has been as high as 2X book value. The earnings forecast is down and shares are softening and should continue setback. Coin flip situation: heads buy, tails sell.

BUY

Allan Tong’s Discover Picks Overall, BAM.A has been a steady climber and any pullback is an entry point. The stock is $7-8 below its high, so there’s still room to enter. It pays a modest 0.95% dividend yield, so you’re buying for share appreciation. Read 3 Dependable Long Term Stocks to Hold for our full analysis.

BUY

Has been a serial grower and compounder since 1990 at 20% compound rate. Its markets are real estate, renewables, infrastructure, private equity. Also increasing re-insurance. An asset manager for $650 billion in assets.

BUY

Great play. Not at a bad level right now. Defensive holding, with offense as well. Exceptionally well run. If you had to choose just one stock on the TSX, this might be one of the names.

BUY

Surprised market by announcing they're thinking of splitting up the business. US competitors command a much higher valuation and Brookfield is jealous, and so are shareholders, hence the announcement. Trusts management to do the right thing. Not sure how increased rates will affect it, but it's probably already priced in. Loves the company. Don't get too fussed about the pullback, very attractive here.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Fine with adding today. The rising rates will influence the valuation some what, but BAM’s assets have some positive benefits in an inflationary environment. Has huge capital available to make deals to support valuation if it gets too low. 16x earnings right now, which is quite attractive. Unlock Premium - Try 5i Free

PAST TOP PICK

(A Top Pick Jan 08/21, Up 46%) Likes the business. Performing exceptionally well operationally. Scales really well. Generating more cashflow for shareholders. Trades at a discount to, let's say, BX. Undervalued. A number of catalysts could provide a valuation reset. Still a buy.

BUY ON WEAKNESS

They have publicly traded subsidiaries, like reinsurance and renewables. BAM has done very well and reported strong earnings last week. The category of alternative asset management that BAM is in will continue to grow, because pension funds are looking for these assets. BAM has been successful in raising money to deploy, so BAM has a lot of firepower to grow long-term.

TOP PICK

Spinning off part of asset management. Play on infrastructure, renewables, property. Solid and defensive. Good quarter and good price/growth rate of 16%. Trading at 16X earnings. Buy 9, Hold 4, Sell 0. (Analysts’ price target is $88.89)

WATCH

Instead, he owns BIP.UN and BBU.UN. Heavy asset base that might have a high valuation. News today is they're looking at taking the business apart to release value. The asset manager is the piece the stock market would want to value. Wait and see how it plays out.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Fine adding for a long-term hold here. However, markets have been quite volatile so waiting a couple weeks could be a conservative option. Would like to see better momentum. Unlock Premium - Try 5i Free

BUY ON WEAKNESS

It's the best company in Canada with the best managers. It manages tens of billions in limited-partnership agreements, and they get a piece of those profits. This is something that few realize. Any weakness like is a buying opportunity. Their assets are long-lived with steady revenues over a long term.

BUY

Brookfield is well managed with a great team. They will work around rate increases. He owns Brookfield Renewables.

BUY

The effect of rising interest rates They're an alternative asset managers. They are global in scale. They mostly invest in hard assets, like real estate, renewable power and infrastructure. They have done well during very low rates. Yes, rates will rise, but historically they will remain quite low for quite a while. If the US 10-year spike to 5%, then yes that will have an effect, but she doesn't see it. BAM offers positive, long-term growth

Showing 61 to 75 of 693 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Richard Orrell

RN Croft Financial Group

Stockchase Insights

5i Research

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stan Wong

Private Wealth Management, ScotiaMcleod

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Brookfield Asset Management Inc (A) (BAM.A.TO)