Opinions
David Driscoll
Brascan Corporation (Pref-S)
BAM.PR.S-T
BUY
Aug 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.
$24.990
Stock price when the opinion was issued
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