Q: Hi team,
What are your thoughts on Bill Ackmans purchase of Brookfield Corp?
He must see the value proposition as attractive right now?
Thanks,
What are your thoughts on Bill Ackmans purchase of Brookfield Corp?
He must see the value proposition as attractive right now?
Thanks,
5i Research Answer:
We think it is interesting. Were it a smaller company, his purchase might generate more interest/excitement, but since it is so large, perhaps not as much. Still, it is a solid endorsement from a widely-respected fund, and the stock continues to look very attractive to us for a long term position. Momentum and earnings are also positive.