NYSE:BIP - Post Discussion
Post by
retiredcf on Jan 05, 2024 7:40am
Top Pick
First stock in the clip; he and his family also own it personally. GLTA
https://www.bnnbloomberg.ca/video/greg-newman-s-top-picks~2839993
TOP PICK
Brookfield Infrastructure Partners(BIP.UN-T)
04/01/2024
Beneficiary of a broadening rally. This name's been held back on liquidity concerns. Expects growth to accelerate Q4. Q3 was in line. Lower interest rates should be a tailwind. Likes the yield that continues to grow, nice 50% payout ratio. Models growth at 11%, trading 10.5x 2025. Downward effects of tax-loss selling should dissipate by mid-January. Yield is 5.1%.
(Analysts’ price target is $50.33)
Energy Infrastructure, Industrials & Utilities
Greg Newman
$40.600
Owned
Be the first to comment on this post