Is Brookfield Asset Management Stock a Buy Now?
Brookfield Asset Management (BAM 0.07%) has surged 45% over the past year, outpacing the S&P 500. The asset manager, overseeing $550 billion in fee-bearing capital, aims to double that figure by 2030. Its strategy hinges on global trends—digitization, decarbonization, and deglobalization—across infrastructure, real estate, and private equity.
Fee growth drives revenue, but the rally raises valuation questions. Investors must weigh whether the stock still offers upside or if the opportunity is already priced in. The high yield remains a draw, though execution risks persist as Brookfield expands into credit and clean energy.