Unable to post the entire article so here's the link. GLTA
https://www.adviceforinvestors.com/news/blue-chip-stocks/2-brookfield-stocks-named-best-buys/#gsc.tab=0
2 Brookfield stocks named “best buys”
BMO analyst Devin Dodge picks Brookfield Business Partners and Brookfield Infrastructure Partners as the two best stocks to buy now.
After meeting executives in September, Toronto BMO Capital Markets analyst Devin Dodge remains a strong supporter of the Brookfield companies, in particular its business services and infrastructure arms, thanks to strong investments that consistently outdo estimates.
Mr. Dodge joined BMO Capital Markets as a research associate in 2007 and received his CFA (chartered financial analyst) designation in 2011. Since January of last year, he has served as a director of equity research at BMO. The analyst names industrials conglomerate Brookfield Business Partners LP (TSX—BBU.UN; NYSE—BBU) as his “top pick” and utilities stock Brookfield Infrastructure Partners LP (TSX—BIP.UN; NYSE—BIP) as another top investing idea. Each receives an “outperform” recommendation from BMO.
BBU unit value could exceed US$75 over time
Spun off of Brookfield Asset Management in mid-2016, Brookfield Business Partners took over the bulk of private equity operations of its parent. The company boasts US$77 billion in assets under management and a workforce of 76,000. Within its varied portfolio are investments in: services businesses involved in health care, construction, and infrastructure (such as Westinghouse Electric Co. LLC, the former nuclear power division of the now-defunct Westinghouse Electric Corp.); industrial firms (like auto battery maker Clarios); and residential developments in major North American and Brazilian markets.
Mr. Dodge says: “Given the advancement of profit improvement plans across its portfolio and stronger market conditions compared to last year, management’s ‘liquidation NAV’ (net asset value) or current value estimate rose to US$54 to US$58 per unit, up around 33 per cent year-over-year. In the past, we believe Brookfield Business’ estimate of current intrinsic value has proven to be conservative.