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Bill Ackman is one of the most closely followed investment managers on Wall Street. His Pershing Square Capital Management hedge fund holds just a handful of high-conviction positions, and he typically holds those positions for the long run.

Brookfield Renewable grew its FFO per unit by 10% during the second quarter, setting the backdrop for the continued compounding of the dividend. The company's operational portfolio saw 7,700 MW of new development projects reach commercial operation in the 12 months prior to the end of the second quarter. Strong global diversification, generation contracted for an average term of 13 years, and revenues indexed to inflation provide high visibility for growth.

Brookfield Asset Management (BAM 0.07%) is a growth and income story. But there's a wrinkle here because the stock has risen dramatically during the past year, jumping by 45% and easily outpacing the S&P 500 index (^GSPC 0.41%).

The US is pouring hundreds of billions of dollars into AI infrastructure in an effort to keep pace with China. There are two leading AI infrastructure dividend machines that have recently pulled back sharply. As such, they are way too cheap to ignore.

Brookfield Corporation (BN 2.70%) has consistently delivered impressive wealth-building returns, averaging over 15% annually for investors during the past 30 years. This remarkable performance has surpassed that of the S&P 500 index and many of the world's great companies.

The S&P 500 (^GSPC 1.52%) is up around 13% over the past year. The shares of Brookfield Asset Management (BAM 3.37%) have risen over 40%.

Tech sector capital investment is surging, but enterprise AI adoption is showing disappointing returns, with 95% seeing zero ROI per an MIT study. This disconnect raises concerns about who will ultimately pay for the ongoing AI investment if enterprise customers remain slow to realize benefits. Recent underperformance in growth tech stocks reflects these doubts, while value-oriented dividend stocks have demonstrated resilience and defensiveness.

Brookfield Asset Management (BAM 3.37%) isn't a household name in the United States. That makes sense given that it is a Canadian company.

I like that Telus is deleveraging, and I'll be following how much revenue the co-location of cell towers could bring to the table now that Telus's tower network is half-owned by a third party. I see lots of smoke around the U.S. economy. If goods prices increase, consumers will have difficulty coping with more inflation. It could lead to a softer job market. Microsoft crushed expectations with another strong quarter.

Brookfield Infrastructure Partners offers inflation-protected, contractually backed cash flows from a global portfolio of essential infrastructure assets. Its 5.8% yield is well-covered, with management guiding for 6-9% annual organic FFO growth, supporting a double-digit total return potential. Recent share price weakness presents an attractive entry point, with BIP trading at the low end of its valuation range over the past 5 years.