Analyst Recommendation BUY
Brookfield Asset Management (A)(BAM.A-T)
05/12/2022 at 07:00pm
Still a good stock after their spin-off and recent sell-off. Valuation is still good, though has risen lately. Good to own long-term. If there's a recession in 2023, though, BAM could see a pull back. Short-term upside here, but be cautious in Q1-2023 which he expects to be a weak economy and market. BAM seeks buying opportunities across many sectors, likely in the first half of 2023, when valuations should decline (are high now). They have a ton of cash to buy, but they spend wisely. BAM is in a good spot now.
Management / Diversified
Andrew Pyle
$59.030
No