Q: Hello
Brookfield Corp has smartly shot up to $82, from $75 level a few weeks ago, with stock showing strong momentum. It seems to have followed its private equity peers, with a favorable scenario after Trump win.
Company is also due to report in a couple of days.
We have a very small position < 1%, but like the Co a lot, being one of your favorites.
How would you approach building a position to at least 2% ? Would you be comfortable adding some shares, before the results and so at what price range ?
What is your recommendation to further consolidate this position, after results, if any weakness and price levels, please ?
Thank You
Brookfield Corp has smartly shot up to $82, from $75 level a few weeks ago, with stock showing strong momentum. It seems to have followed its private equity peers, with a favorable scenario after Trump win.
Company is also due to report in a couple of days.
We have a very small position < 1%, but like the Co a lot, being one of your favorites.
How would you approach building a position to at least 2% ? Would you be comfortable adding some shares, before the results and so at what price range ?
What is your recommendation to further consolidate this position, after results, if any weakness and price levels, please ?
Thank You
5i Research Answer:
We would be quite comfortable buying some BN if a position size is 'small' already. We do not...