Brookfield Asset Management Voting Ord Shs Class A T.BN.PF.I

Another Recommendation

[retiredcf]

https://www.bnnbloomberg.ca/video/paul-harris-discusses-brookfield-asset-management~2175215

BUY

 

Brookfield Asset Management (A)

(BAM.A-T)

April 6, 2021
 

The BAM-BPY deal where BAM will buy out this subsidiary. Caller is selling BPY on a gain. Should I take the BPY preferred (offered in this deal) or buy it on my own? He's looking for a dividend and believes in Brookfield management. If you can, get the preferred BPY in this deal, because it pays a good yield. To buy separately or not, he doesn't know. Most investors prefer to own BAM, because management holds a lot of shares. They do a very good job of buying interesting assets cheaply. Owning BAM is as good as owning other Brookfield stocks/businesses.
 

MANAGEMENT/DIVERSIFIED

Paul Harris, CFA 

 

Price

$56.490

Owned

Unknown