Prediction: Brookfield Corporation Will Soar Over the Next 5 Years. Here's 1 Reason Why.

Brookfield Corporation (NYSE: BN) has been a wealth-creating machine. The leading global investment firm has delivered an 18% compound annualized return over the past three decades, absolutely crushing the S&P 500 (SNPINDEX: ^GSPC) (11% annualized return). The company's best days could be ahead. Here's one reason why I believe the stock will soar over the next five years.Brookfield Corporation held its annual investor day late last year, laying out its five-year plan. It estimates it can grow its earnings per share by more than 20% annually over that period. That drives its view that the company should be worth over $175 per share by 2029. That's significantly above its current sub-$60 share price (and $84 in-house valuation). Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool