Analyst Recommendation BUY
Brookfield Infrastructure Partners(BIP.UN-T)
25/07/2024
Hold or sell?
Bit of a ride. One of his largest positions across portfolios. Assets are world class, not going anywhere, generating tons of free cashflow. Also hard to purchase, so there's a scarcity value there. In this environment where interest rates are on the decline, it should benefit from closing the gap to what underlying assets trade at.
Likes the way they're not afraid to sell assets and recycle profits into another area that they see as having more potential. Pivoting into areas like pipelines and data centres that should benefit them for years to come. Still extremely cheap valuation. Hopefully we're in for some better years.
Energy Infrastructure, Industrials & Utilities
James Telfser
$42.790
Owned