Panic-Proof Portfolio TOP PICK
Brookfield Infrastructure Corp.(BIPC-T)
19/03/2024
Stockchase Research Editor: Michael O’Reilly
The global infrastructure company has invested $2 billion into intermodal logistics and “hyperscale” data platforms, which it feels will benefit from 5G rollouts. It trades at 1.4x book and supports an excellent 32% ROE. We like that cash reserves are growing, while debt is aggressively retired. We recommend setting a stop at $38, looking to achieve $54 — upside potential of 18%. Yield 3.3%
$45.660
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