Q: I have a small amount of BAM from the previous spinoff. I like the Brookfield companies and am looking for a good growth dividend stock. Do you think it is too late to add more BAM?
Appreciate your insight.
Paul F.
Appreciate your insight.
Paul F.
5i Research Answer:
BAM has been very strong of late. The quarter was good, largely on the basis of public equity moves. We would be comfortable buying some, but with an 86% gain in a year we might start with a half position. It could consolidate.