“I Just Bought More Of This Stock - Here's Why”
BAM is undervalued with strong long-term growth potential driven by stable permanent capital and record fundraising; conservative valuation models suggest significant upside over the next five years.
Brookfield Asset Management is currently experiencing a 20% correction and has lost almost all of its recent gains. It has also fallen 30% from its all-time high.
However, the stock is currently trading at a forward price-to-earnings ratio of just 20, a level very close to its all-time lows. Brookfield also held an investor conference last week, and in today's video, I want to review the highlights I found, because I made it very clear on my channel that over the past few months I have significantly increased my stake in Brookfield Asset Management shares in my portfolio.