Top PickSecond stock in the clip; the only one of his top and past picks that his family also owns. GLTA
https://www.bnnbloomberg.ca/video/barry-schwartz-s-top-picks~2839216
Brookfield Corporation (BN TSX)
Brookfield Corporation is one of the largest alternative asset managers in the world approaching $1 trillion of fee-bearing capital. The company is well positioned to benefit from many enormous trends including more institutional investments being allocated to alternatives, decarbonization and digitalization. Even though the company has a strong track record it trades at a deep discount to the sum of its parts.
TOP PICK
Brookfield Corp(BN-T)
03/01/2024
Thinks it will be largest company on TSX in a few years. Mind-boggling amount of growth to come. Amount of money moving to alternatives is gigantic. 50% of asset base collects fees, and that base is increasing. Benefits from big themes like decarbonization and digital economy. Global. Cheap valuation. Lagging US peers due to worries over its 35% portfolio allocation to bad real estate, but most is running strong. Yield is 0.8%.
(Analysts’ price target is $60.03)
Investment Companies / Funds
Barry Schwartz
$51.230
Owned