Top PickLast stock in the clip; BN is the only one of his top or past picks that he also owns personally. GLTA
https://www.bnnbloomberg.ca/video/hot-picks-three-plays-in-industrial-products~2733225
Brookfield Corp. (BN TSX)
Latest purchase May 2022 at $61.39
Brookfield is among the world’s foremost managers and operators of long-duration real assets like real estate, private equity, infrastructure, renewable energy, and utilities with deep expertise in sourcing transactions and surfacing value. With significant assets in Canada, the United States, the U.K., Australia, Brazil, and India among other areas; the company has tremendous reach and geographic diversity. Brookfield’s size and scale allow it to field expert teams with deep operating experience across industry verticals and geographic areas. Moreover, its financial strength and variety of funding sources afford it the advantage of being among the first calls sellers of world-class assets make when looking to consummate a transaction. Flows into alternative assets are outstripping flows into stocks and bonds, as institutions like pension funds increase allocations to these less efficient markets which better match long-duration liabilities. Accordingly, Brookfield enjoys consistently strong inflows and now manages over $825 billion. The company has generated a compound annual return for shareholders of 15 per cent over the last twenty-five years, such that $1 invested in its shares is now worth over $32, courtesy of these many structural advantages.
TOP PICK
Brookfield Corp(BN-T)
24/07/2023
They own/operate long-duration assets and are third-party managers of outside capital. Flows of money into private-market assets are outstripping flows into traditional stocks and bonds. So, BN has been hovering up money and now manages over $800 billion. Share have generated a compounded return of over 15% annually over 25 years. Good managers. A nice pullback to buy. (Analysts’ price target is $59.90)
Investment Companies / Funds
Brian Madden
$46.760
Owned