Should I Buy Brookfield Asset Management (BAM)? Finance YouTuber Analysis

The YouTuber is invested in Brookfield Asset Management due to massive global infrastructure funding needs, particularly in power, where Brookfield has leadership positions in data centers and renewable energy. He agrees with Brookfield's assessment that AI adoption creates significant tailwinds for their physical infrastructure assets, which are becoming increasingly valuable. The company also projects 20% annual growth for the next five years.

“As AI adoption accelerates, Brookfield's marketleading position and a very large portion of our assets become increasingly valuable.”

The YouTuber is buying Brookfield Asset Management, his favorite asset manager, due to its focus on essential physical assets and significant tailwinds from global infrastructure buildout. He notes the company's projection of 20% annual earnings growth over the next five years and a 4% dividend yield with 15% annual growth. His conservative DCF model still suggests a 16% compounded annual growth rate, indicating undervaluation even with pessimistic assumptions.

“And getting a 4% going in dividend yield plus 15% annual dividend growth is very rare in the market. You don't typically see that level of yield plus that level of growth.”

The YouTuber has rotated a significant portion of capital from Brookfield Corporation into Brookfield Asset Management. He argues that BAM has a better, more consistent track record, stronger execution, and offers more value. BAM is on track to meet or beat its targets, is less complex, pays a higher dividend, and is growing faster, making it a more attractive investment with higher return potential, especially given its current valuation below historical averages.

“Brookfield Asset Management has a better, more consistent track record, stronger execution, and I believe is offering more value.”

The YouTuber is actively buying Brookfield Asset Management, citing the CEO's strong guidance for over 20% growth in 2026, driven by accelerating fundraising and demand for infrastructure assets. The company's focus on real assets like energy infrastructure positions it as an 'AI winner' as energy becomes a bottleneck, and its current valuation is below historical averages.

“So for me, I think that Brookfield Asset Management is going to continue seeing tailwinds for years to come. And I think that this business is eventually going to become clear in the market that they are an AI winner, an AI beneficiary, and their assets are going to increase in value as energy bottlenecks continue.”

The YouTuber is adding to Brookfield Asset Management (BAM) due to its current valuation, which he believes offers more value than BN. He highlights BAM's historically higher P/E multiple due to its clean business model, high fee-related earnings margin, and strong dividend growth prospects. Recent earnings reports and analyst targets suggest accelerated earnings growth, making his DCF analysis potentially conservative.

“So, I have trimmed down my BN position and rotated that capital into BAM. And now, let me explain why I have done so.”

The YouTuber is considering re-adding Brookfield Asset Management (BAM) to his portfolio, noting it's down over 20% from its highs despite strong underlying fundamental growth and an increased earnings outlook of over 20% for 2026. He argues that market fears about private equity redemptions are misapplied to Brookfield's real asset focus, and its 4.6% dividend yield with projected 15% annual growth makes it very attractive.

“So, with that being said, I do believe that Brookfield Asset Management stock is undervalued in the market today and it is another stock that I am seriously considering adding back to my portfolio and potentially even selling off some of my BN stock for some BAM stock because I simply think that BAM is looking too attractive in the market right now.”

The YouTuber is buying Brookfield Asset Management for his mother's retirement account, citing its record 2025 results, 15% dividend increase, and accelerating fee-related earnings (up 28% YoY). He emphasizes BAM's strong position to benefit from the AI infrastructure buildout, particularly in power and data centers, and notes the company's quietly increased 5-year earnings growth outlook to 20% annually. A DCF suggests a fair value 37% above current trading prices.

“So, in my opinion, Brookfield Asset Management is looking undervalued in the market right now. They're seeing accelerated growth. They're at the heart of this AI infrastructure buildout, which is clearly seeing much more demand with all of the hyperscalers increasing their capital expenditures for 2026.”

The YouTuber sold Brookfield Asset Management (BAM) shares because he believes the stock price has run too far from its underlying fundamentals and expected future growth. He notes that BAM is trading at a P/E ratio of 40, which he considers too high for a business growing earnings at 9% annually, even with a projected 15% growth rate. His discounted cash flow analysis suggests a low compounded annual growth rate for shareholder value at the current price.

“at this price I think the future returns are just getting so freaking low and it's not what I want in my portfolio”

The YouTuber believes Brookfield Asset Management (BAM) is currently fully priced and expensive, trading at 34 times earnings. Based on the company's own 5-year projections of 18% annual growth, the expected compounded annual growth rate for shareholders is only about 10%, which is considered a market return. He explicitly states he is not buying more BAM shares at current valuations.

“I think that it's time now for me to update you guys with my thoughts and try to be as objective as possible and tell you bam is expensive today I'm definitely not buying more bam today.”

The YouTuber 'nibbled' on more shares of Brookfield Asset Management after its earnings report, despite believing it's trading at the higher end of its fair value. He considers it a phenomenal business with strong projected growth and the best dividend growth stock in the market, offering a 3.9% yield with 15-20% annual dividend growth projections. He notes its enterprise value to earnings is about 25.

“I did nibble on some more shares after the company reported its earnings because the stock did fall quite a bit and overall I think that over the long term this is still an attractive price to pay for Brookfield asset management”