BAM Stock Recent News

Brookfield Asset Management (NYSE: BAM) stock price has pulled back after soaring to a record high in March as investors waited for the upcoming earnings. After peaking at $42.97 in March, it has retreated to $39.

The expectation of interest rates remaining higher for longer has sent dividend stocks plummeting. However, the market is mispricing several high-quality dividend stocks that are set to grow rapidly even if interest rates remain higher-for-longer. I share some of my top picks that offer 6-7% yields and are set to grow at 10%+ per year for years to come, even if interest rates remain elevated.

Selecting the right sectors for dividend stocks is crucial for long-term total return outperformance and sustainable dividend growth. I share the criteria that I look for and my favorite sectors. I also share some of my top picks of the moment.

Every investor's needs are different. For my family fund, 10 companies make up 35% of the portfolio. Nine of these are still good to great buys today, offering excellent management, balance sheet strength, risk management, and growth prospects. For growth investors, growth rates as high as 162% are potentially available from some truly incredible (though speculative) companies I own.

Brookfield Asset Management has experienced significant growth by focusing on non-traditional asset classes such as credit, renewables, infrastructure, and real estate. The company has almost quadrupled its fee-bearing capital base from 2018 to 2023 and aims to reach $1 trillion in assets under management by 2028. However, there are concerns about BAM's ability to deliver outsized returns, as it has underperformed peers and clearly has struggled to extract the benefits of larger scale.

Charlie Munger emphasized the importance of reaching a $100,000 investment portfolio to generate substantial returns through compounding. A 7% dividend yield from a $100,000 portfolio can provide a $7,000 passive income stream, covering 1-2 months of living expenses and delivering five-figure annualized total returns. We provide a sample $100,000 passive income snowball portfolio, divided into sections including ETFs, individual high-quality infrastructure, BDCs, REITs, and MLPs.

High-yield stocks in sectors like REITs and utilities have been crushed by rising interest rates. Despite the pullback, there are attractive opportunities in these sectors with well-covered yields and defensive business models. Two blue-chip high-yield REITs and two infrastructure stocks are highlighted as attractive buys on the dip.

Reaves Utility Income offers a nearly 9% yield and leveraged exposure to three major tailwinds in the infrastructure sector.

Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both Synchrony (SYF) and Brookfield Asset Management (BAM). But which of these two stocks presents investors with the better value opportunity right now?

Private equity companies are doing well, with some of them trading at a record high. Brookfield Asset Management (BAM) stock price was trading at $41 on Friday, a few points below its all-time high of $41.21.