This summary was created by AI, based on 1 opinions in the last 12 months.
Brookfield Infrastructure Partners (BIPC-T) is a global infrastructure company that has invested heavily in intermodal logistics and hyperscale data platforms in anticipation of benefiting from 5G rollouts. The company is trading at 1.4x book with a 32% return on equity. Their cash reserves are increasing, and debt is being aggressively retired, indicating strong financial management. The stock has an upside potential of 18% with a 3.3% yield, making it an appealing investment option.
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Tax differences? For a Canadian investor, there really is not much difference between BIP.UN and BIPC. US investors face different issues regarding limited partnerships. It was a strategy by Brookfield to increase liquidity and it is why BIPC trades at a premium to BIP.UN -- it was also added to the Russell Index. If you are a Canadian investor, stay with BIP.UN as it has a higher yield.
Brookfield Infrastructure Partners is a Canadian stock, trading under the symbol BIPC-T on the Toronto Stock Exchange (BIPC-CT). It is usually referred to as TSX:BIPC or BIPC-T
In the last year, there was no coverage of Brookfield Infrastructure Partners published on Stockchase.
Brookfield Infrastructure Partners was recommended as a Top Pick by on . Read the latest stock experts ratings for Brookfield Infrastructure Partners.
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0 stock analysts on Stockchase covered Brookfield Infrastructure Partners In the last year. It is a trending stock that is worth watching.
On 2024-04-26, Brookfield Infrastructure Partners (BIPC-T) stock closed at a price of $42.79.
The global infrastructure company has invested $2 billion into intermodal logistics and “hyperscale” data platforms, which it feels will benefit from 5G rollouts. It trades at 1.4x book and supports an excellent 32% ROE. We like that cash reserves are growing, while debt is aggressively retired. We recommend setting a stop at $38, looking to achieve $54 — upside potential of 18%. Yield 3.3%