TSX:BAM - Post Discussion
Post by
retiredcf on May 05, 2021 6:47am
Analyst Recommendation
Second stock in the clip; he owns it personally. GLTA
https://www.bnnbloomberg.ca/video/brian-madden-s-past-picks~2194800
Brookfield Asset Management (BAM/A TSX)
- Then: $46.14
- Now: $55.61
- Return: 21%
- Total Return: 22%
PAST TOP PICK
Brookfield Asset Management (A)
(BAM.A-T)
May 4, 2021
(A Top Pick May 01/20, Up 22%) They're privatizing their office holdings; they're contrarian value investors. Brookfield Property Partners shares were very depressed, give Covid and low vacancy rates but also problem pre-pandemic in their malls. They're offering a premium of 60-65 cents on the dollar which is good . They saw an opportunity to buy an asset. He also likes their private equity, credit, renewable energy and infrastructure businesses.
MANAGEMENT/DIVERSIFIED
Brian Madden
Price
$55.610
Owned
Yes
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