Ackman's Portfolio: Strong Performances from Alphabet, Brookfield, and Uber
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: Fool
- Alphabet Investment Returns: Ackman's investment in Alphabet represents 22.6% of his marketable equities, benefiting from the company's advancements in AI, with Google Cloud revenue growing 34% year-over-year, expected to continue driving profit growth.
- Brookfield Revenue Growth: Brookfield Corp. realized $154 million in net carried interest in Q3, a 153% increase from the previous year, with expectations of $25 billion in net carried interest over the next decade, indicating strong growth potential.
- Uber Market Position: Uber's monthly active users grew by 17% in Q3, with a 4% increase in trips per user, driving revenue growth while partnerships in autonomous driving set a solid foundation for future development.
- Investment Value Assessment: Despite market challenges, Ackman's portfolio shows strong growth potential, particularly with Uber's enterprise value sitting around 22 times its adjusted EBITDA, indicating that its stock remains attractive relative to growth opportunities.
Analyst Views on BN
Wall Street analysts forecast BN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BN is 49.91 USD with a low forecast of 36.00 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 47.330
Low
36.00
Averages
49.91
High
59.00
Current: 47.330
Low
36.00
Averages
49.91
High
59.00
About BN
Brookfield Corporation is a Canada-based global investment firm focused on building long-term wealth for institutions and individuals around the world. The Company has three core businesses: Alternative Asset Management, Wealth Solutions, and its Operating Businesses, which are in renewable power, infrastructure, business and industrial services, and real estate. Its Asset Management business includes managing long-term private funds, perpetual strategies and liquid strategies on behalf of its investors and itself. The Company's Wealth Solutions business includes its equity accounted interest in Brookfield Wealth Solutions Ltd. Its renewable power and transition business includes the ownership, operation and development of hydroelectric, wind, utility-scale solar power generating assets, distributed energy, and sustainable solutions. The Company’s infrastructure business includes the ownership, operation and development of utilities, transport, midstream, and data assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
