Analyst RecommendationSecond stock in the clip; he and his family also own it personally. It appears that he took a second question as well. GLTA https://www.bnnbloomberg.ca/video/chris-blumas-past-picks~2828003 Brookfield Corporation (BN TSX)
- Then: $45.55
- Now: $49.18
- Return: 8%
- Total Return: 9%
PAST TOP PICK
Brookfield Corp(BN-T)
13/12/2023
(A Top Pick Dec 14/22, Up 9%)
Other private equity players have performed better. Hurt by real estate overhang. Valuation less than 11x distributable cashflow. Will always trade at a bit of a discount to sum of the parts, as it's the holding company. Free cashflow yield is north of 7%, exceptional value. Really good management. Good compounder at attractive price. He'd continue to buy.
Investment Companies / Funds
Chris Blumas
$49.790
Owned
BUY
Brookfield Corp(BN-T)
13/12/2023
Many levers to pull to capitalize on value. Strong platform for growth.
Investment Companies / Funds
Chris Blumas
$49.790
Owned