Top PickFirst stock in the clip; he and his family also own it personally. GLTA
https://www.bnnbloomberg.ca/video/teal-linde-s-top-picks~2941977
Brookfield Corp (BN TSX) Brookfield Corporation is focused on compounding capital over the long term to earn attractive total returns for its shareholders. The company's capital is deployed across three businesses – asset management, its operating businesses, and insurance solutions, all of which is underpinned by a conservatively capitalized balance sheet. Over the last 10 years, Brookfield has delivered a 15 per cent total annualized return to its shareholders. Based on its investor day presentation from last fall, management believes it can increase its net asset value at a 17 per cent compound annualized return from 2023 to 2028. At the time of its presentation, it expressed its net asset value at US$74 per shares. This is equivalent to $100, which puts its current share price of $56 at nearly a 44 per cent discount to net asset value, thereby providing a healthy margin of safety or additional share price upside upon a narrowing of the discount, further supported by planned accretive stock buybacks. TOP PICK
Brookfield Corp(BN-T)
17/06/2024
Compounding total returns for shareholders over the long term. Over the last decade, delivered 15% annualized return. Company expects NAV to grow 17% compound return for upcoming 5 years. Wider discount than normal right now due to commercial real estate. Yield 0.8%.
(Analysts’ price target is $66.37)
Investment Companies / Funds
Teal Linde
$56.240
Owned