Measured Response Q: The market is once again voting its lack of confidence in BAM’s recent announcement to takeover the balance of BPY.The stock has been a dismal performer throughout 2020 as well. Why should investors continue to own this name?
A: BAM is not perfect, and shares will usually dip when a company makes a large acquisition which is partly financed with shares. But BAM shares have gone up 5-fold in the past 10 years, and it has made some very good deals in its history. The dividend has more than doubled as well in that time period.
So said 5iResearch last week. GLTA