Q: 5i
Are you still recommending BAM even though it has a P/E of 606.
Thanks
Bill C
Are you still recommending BAM even though it has a P/E of 606.
Thanks
Bill C
5i Research Answer:
Some sites may be showing inaccurate data for BAM, especially on a historical basis, due to the company's split from BAM.A to BAM and BN. Today, on a forward earnings basis, BAM is 26X earnings, and we remain quite comfortable with the stock.