BAM Still a Triple Threat?

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I see BAM has already reached your base case valuation for 2024 (up about 18%) since releasing your November value report. Is it another example, like ATD, of being a short triple threat opportunity? I am considering adding it to my daughters portfolio as a long-term growth investment.

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Asked on January 1, 2024 4:11 pm
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Hey there,

I still very much like BAM at these levels and yeah, i'd still consider it a triple threat. If valuation multiples for the industry start to rise (which has been happening), then BAM remains undervalued. I'd have zero issues buying and holding long-term here.

Mat

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Posted by Mathieu Litalien
Answered on January 4, 2024 7:27 am
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