David DriscollBrascan Corporation (Pref-S)BAM.PR.S.TOBUYAug 11, 2008
Preferred Shares’ spreads have widened. If you are looking for income, they are a perpetual preferred. Trade at about $16, yielding 9%. If no inflation, then you have a trading opportunity as they migrate back to $25 par. If you want growth, the common equity is the place to be.