Opinions
Andrew Pyle
Brookfield Reinsurance
BNRE-T
BUY
Apr 01, 2024
$55.860
Stock price when the opinion was issued
insurance
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
BUY
BN-T is offering shares of BNRE in a swap--accept it?
Unfortunately, Brookfield is looking like the old Brascan empire, a plate of spaghetti, where they spin off all these entities, then buy them back and it's hard to keep track of how many there are. That said, BAM and BN-T are grossly undervalued. The market is overreacting to the impact of commercial real estate BN-T, in particular. Do the swap.
insurance
Advertising
It's done extremely well since the company made a major change in 2023 and has exceeded expectations. Almost no dividend, so returns are in the share price. This will continue to do well though now in a consolidation pattern. Good to own.