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  5. BAM: Any reason(s) for the good increases for both especially BAM. [Brookfield Asset Management Ltd. Class A Limited Voting Shares]
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Q: Any reason(s) for the good increases for both especially BAM.Txs for U usual great services & views
Asked by Peter on November 30, 2023
5i Research Answer:

The Origin Energy takeover saga is still ongoing and created some headlines, but no real news from BAM or BN. BAM announced it is presenting at a financial conference next week. Both stocks have fairly good leverage to an interest rate pivot, and were beaten up earlier this year without solid reasons. BAM is now up 25% for the year and BN ~14%.