Analyst Recommendation BUY
Brookfield Corporation(BN-T)
15/02/2023
For growth. A lot to like in terms of maximizing value of assets. BN at the top of the pyramid has some unique arbitrage opportunities among the different assets. Strategic capital allocation benefits. More of a growth orientation, so it retains capital, with a yield of only 0.8%. Shareholder focused. He's quite positive on them.
Chris Blumas
$48.950
Unknown
COMMENT
Which Brookfield to own?(A Commentary)
15/02/2023
Which Brookfield to own?
There's the parent, and 4 subsidiaries. It depends on what you're looking for. For income, BIP.UN. For growth, BN. Those are the 2 he uses. Longer term, a lot to like in terms of what it's doing to maximize value of assets. By investing in BN at the top of the pyramid, it has some unique arbitrage opportunities among the different assets. BN also has strategic capital allocation benefits. The subsidiaries pay out most of their income as dividends to shareholders and to the parent company. Because BN has more of a growth orientation, it retains that capital, with a yield of only 0.8%.
Chris Blumas