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Brookfield Asset Management (A)

BAM.A-T

TSE:BAM.A

64.39
0.21 (0.33%)
Brookfield Asset Management Inc. is a global alternative asset manager with approximately $285 billion of assets under management, focusing on real estate, renewable power, infrastructure and private equity.
More at Wikipedia

Analysis and Opinions about BAM.A-T

Signal
Opinion
Expert
Chart
BUY WEAKNESS
BUY WEAKNESS
July 20, 2021
Very well-managed. Good for a longer-term portfolio that you can buy today. Doesn't expect much pressure on this if markets dip. BAM is fairly valued. If it was 10% cheaper, he'd take a more serious look at this.
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Very well-managed. Good for a longer-term portfolio that you can buy today. Doesn't expect much pressure on this if markets dip. BAM is fairly valued. If it was 10% cheaper, he'd take a more serious look at this.
Michael Sprung
Price
$62.150
Owned
Yes
BUY
BUY
July 12, 2021
It is a well capitalized company and they have sophisticated investments.
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It is a well capitalized company and they have sophisticated investments.
Jamie Murray
Price
$63.540
Owned
No
BUY
BUY
July 1, 2021

Allan Tong’s Discover Picks Run by smart managers, BAM.A buys alternative assets cheaply in infrastructure, private equity, credit and green energy. A rise in interest rates will hurt BAM.A because it uses a lot of debt, but its assets should appreciate accordingly and offset those declines. BAM.A isn't for income investors, since it pays only a 1% dividend yield, and it isn't a high-flying tech giant like Shopify that you can trade quickly, but BAM.A is virtually guaranteed to keep rising through thick and thin. It's emerged from the pandemic a winner, like a racehorse that's bolted out of the gate since Canada has begun reopening. In the past 12 months, BAM.A has jumped 45%. Read Looking back after 100 weeks of Hot TSX Stocks: BAM, Rails, Garbage for our full analysis.

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Allan Tong’s Discover Picks Run by smart managers, BAM.A buys alternative assets cheaply in infrastructure, private equity, credit and green energy. A rise in interest rates will hurt BAM.A because it uses a lot of debt, but its assets should appreciate accordingly and offset those declines. BAM.A isn't for income investors, since it pays only a 1% dividend yield, and it isn't a high-flying tech giant like Shopify that you can trade quickly, but BAM.A is virtually guaranteed to keep rising through thick and thin. It's emerged from the pandemic a winner, like a racehorse that's bolted out of the gate since Canada has begun reopening. In the past 12 months, BAM.A has jumped 45%. Read Looking back after 100 weeks of Hot TSX Stocks: BAM, Rails, Garbage for our full analysis.

COMMENT
COMMENT
June 8, 2021

https://finance.yahoo.com/news/brookfield-announces-record-date-special-104500447.html Today, they announced they will spin off part of their reinsurance business. BAM is a great compounder; you can buy and hold for a long time, because they can compound at a strong rate. Brookfield is a big company with many platforms like renewable energy and real estate, and they always look to optimize valuations. About 15 years ago, Brookfield tried to get into reinsurance, like Berkshire Hathaway. BAM did a similar spin-off a year ago. Their spin-offs perform very well; the market indiscriminately dump shares after them though, so watch this spin-off and wait. This will do very well in time.

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https://finance.yahoo.com/news/brookfield-announces-record-date-special-104500447.html Today, they announced they will spin off part of their reinsurance business. BAM is a great compounder; you can buy and hold for a long time, because they can compound at a strong rate. Brookfield is a big company with many platforms like renewable energy and real estate, and they always look to optimize valuations. About 15 years ago, Brookfield tried to get into reinsurance, like Berkshire Hathaway. BAM did a similar spin-off a year ago. Their spin-offs perform very well; the market indiscriminately dump shares after them though, so watch this spin-off and wait. This will do very well in time.

Chris Blumas
Price
$60.610
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
June 7, 2021
The big issue is interest rates. If they rise then these companies suffer. He likes it and owns it in TFSA portfolios. The price is rich so take your time building a position.
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The big issue is interest rates. If they rise then these companies suffer. He likes it and owns it in TFSA portfolios. The price is rich so take your time building a position.
David Driscoll
Price
$60.570
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 4, 2021

(A Top Pick Jul 28/20, Up 35%) A juggernaut. Analysts have systematically underestimated how much money it will make from the carried interest of their managed partnerships. Brookfield estimated the value of its stock at 23% more than current market value in their last letter to investors. Biggest Canadian stock holding.

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(A Top Pick Jul 28/20, Up 35%) A juggernaut. Analysts have systematically underestimated how much money it will make from the carried interest of their managed partnerships. Brookfield estimated the value of its stock at 23% more than current market value in their last letter to investors. Biggest Canadian stock holding.

David Baskin
Price
$60.680
Owned
Yes
BUY
BUY
May 31, 2021
It is a smart management team doing many smart deals. They have a growing fee stream focused on real assets. This is the sector you want to be in over the next 10 years.
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It is a smart management team doing many smart deals. They have a growing fee stream focused on real assets. This is the sector you want to be in over the next 10 years.
Andrew Moffs
Price
$60.020
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
May 4, 2021

(A Top Pick May 01/20, Up 22%) They're privatizing their office holdings; they're contrarian value investors. Brookfield Property Partners shares were very depressed, give Covid and low vacancy rates but also problem pre-pandemic in their malls. They're offering a premium of 60-65 cents on the dollar which is good (https://www.globenewswire.com/news-release/2021/04/01/2203137/0/en/Brookfield-Asset-Management-Reaches-Agreement-with-Brookfield-Property-Partners-to-Acquire-100-of-BPY-Units.html). They saw an opportunity to buy an asset. He also likes their private equity, credit, renewable energy and infrastructure businesses.

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(A Top Pick May 01/20, Up 22%) They're privatizing their office holdings; they're contrarian value investors. Brookfield Property Partners shares were very depressed, give Covid and low vacancy rates but also problem pre-pandemic in their malls. They're offering a premium of 60-65 cents on the dollar which is good (https://www.globenewswire.com/news-release/2021/04/01/2203137/0/en/Brookfield-Asset-Management-Reaches-Agreement-with-Brookfield-Property-Partners-to-Acquire-100-of-BPY-Units.html). They saw an opportunity to buy an asset. He also likes their private equity, credit, renewable energy and infrastructure businesses.

Brian Madden
Price
$55.610
Owned
Yes
BUY
BUY
April 21, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company uses a lot of debt and so could be squeezed by higher interest rates. However, if the higher rates are accompanied by strong economic growth and inflation, the assets it holds will likely increase too. Insurance companies do well with higher rates. Unlock Premium - Try 5i Free

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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company uses a lot of debt and so could be squeezed by higher interest rates. However, if the higher rates are accompanied by strong economic growth and inflation, the assets it holds will likely increase too. Insurance companies do well with higher rates. Unlock Premium - Try 5i Free

TOP PICK
TOP PICK
April 15, 2021

Should do well going forward in their 5 areas: property, infrastructure, credit, renewables, private equity. Will benefit as more institutions allocate funds to the types of alternative assets that BAM holds. Yield is 1.14%. (Analysts’ price target is $66.95)

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Should do well going forward in their 5 areas: property, infrastructure, credit, renewables, private equity. Will benefit as more institutions allocate funds to the types of alternative assets that BAM holds. Yield is 1.14%. (Analysts’ price target is $66.95)

Christine Poole
Price
$57.710
Owned
Yes
BUY
BUY
April 6, 2021
The BAM-BPY deal where BAM will buy out this subsidiary. Caller is selling BPY on a gain. Should I take the BPY preferred (offered in this deal) or buy it on my own? He's looking for a dividend and believes in Brookfield management. If you can, get the preferred BPY in this deal, because it pays a good yield. To buy separately or not, he doesn't know. Most investors prefer to own BAM, because management holds a lot of shares. They do a very good job of buying interesting assets cheaply. Owning BAM is as good as owning other Brookfield stocks/businesses.
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The BAM-BPY deal where BAM will buy out this subsidiary. Caller is selling BPY on a gain. Should I take the BPY preferred (offered in this deal) or buy it on my own? He's looking for a dividend and believes in Brookfield management. If you can, get the preferred BPY in this deal, because it pays a good yield. To buy separately or not, he doesn't know. Most investors prefer to own BAM, because management holds a lot of shares. They do a very good job of buying interesting assets cheaply. Owning BAM is as good as owning other Brookfield stocks/businesses.
Paul Harris, CFA
Price
$56.490
Owned
Unknown
TOP PICK
TOP PICK
March 29, 2021
Most Canadians should have exposure to private assets in their portfolio. You will see increases in valuation. (Analysts’ price target is $66.64)
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Most Canadians should have exposure to private assets in their portfolio. You will see increases in valuation. (Analysts’ price target is $66.64)
PAST TOP PICK
PAST TOP PICK
March 16, 2021
(A Top Pick Mar 13/20, Up 12%) She would buy it again. They're in 4 verticals: property, infrastructure, renewables and private equity. In 2019, they added Oak Tree Capital, a US company specializing in distressed debt, which doubled Brookfield's client base. BAM is well-positioned as management expects interest rates to remain low for a long time. More pension funds are putting money into alternative assets, which is BAM's business Brookfield is raising additional funds to deploy. Mark Carney will head their impact investing division. BAM has a great outlook.
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(A Top Pick Mar 13/20, Up 12%) She would buy it again. They're in 4 verticals: property, infrastructure, renewables and private equity. In 2019, they added Oak Tree Capital, a US company specializing in distressed debt, which doubled Brookfield's client base. BAM is well-positioned as management expects interest rates to remain low for a long time. More pension funds are putting money into alternative assets, which is BAM's business Brookfield is raising additional funds to deploy. Mark Carney will head their impact investing division. BAM has a great outlook.
Christine Poole
Price
$54.430
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 12, 2021
(A Top Pick Mar 11/20, Up 11%) Was a play on bond yields shrinking. They have alternative businesses to bond yields. Asset management, infrastructure and renewable businesses. This stock would still work, but the property division is a headwind for them in the short term. The rest of the business is working well. He hopes that in the longer-term the real estate double down works for them.
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(A Top Pick Mar 11/20, Up 11%) Was a play on bond yields shrinking. They have alternative businesses to bond yields. Asset management, infrastructure and renewable businesses. This stock would still work, but the property division is a headwind for them in the short term. The rest of the business is working well. He hopes that in the longer-term the real estate double down works for them.
Greg Newman
Price
$54.300
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
March 9, 2021
Long-time big fan of this. Superb leadership that continues to allocate capital very well. They've spun out wonderful sister companies over the years. His only issue with it is that it always looks expensive, but that's a tribute to him. He wants to buy this at a lower price, but keeps missing his chance.
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Long-time big fan of this. Superb leadership that continues to allocate capital very well. They've spun out wonderful sister companies over the years. His only issue with it is that it always looks expensive, but that's a tribute to him. He wants to buy this at a lower price, but keeps missing his chance.
Michael Sprung
Price
$53.830
Owned
No
Showing 1 to 15 of 608 entries

Brookfield Asset Management (A)(BAM.A-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 25

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 29

Stockchase rating for Brookfield Asset Management (A) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Brookfield Asset Management (A)(BAM.A-T) Frequently Asked Questions

What is Brookfield Asset Management (A) stock symbol?

Brookfield Asset Management (A) is a Canadian stock, trading under the symbol BAM.A-T on the Toronto Stock Exchange (BAM.A-CT). It is usually referred to as TSX:BAM.A or BAM.A-T

Is Brookfield Asset Management (A) a buy or a sell?

In the last year, 29 stock analysts published opinions about BAM.A-T. 25 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY on WEAKNESS. Read the latest stock experts' ratings for Brookfield Asset Management (A).

Is Brookfield Asset Management (A) a good investment or a top pick?

Brookfield Asset Management (A) was recommended as a Top Pick by Michael Sprung on 2021-07-20. Read the latest stock experts ratings for Brookfield Asset Management (A).

Why is Brookfield Asset Management (A) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Brookfield Asset Management (A) worth watching?

29 stock analysts on Stockchase covered Brookfield Asset Management (A) In the last year. It is a trending stock that is worth watching.

What is Brookfield Asset Management (A) stock price?

On 2021-07-23, Brookfield Asset Management (A) (BAM.A-T) stock closed at a price of $64.39.