BAM Stock Summary and Trading Ideas (Brookfield Asset Mgmt | NYSE:BAM)

Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.

Brookfield Asset Mgmt trades on the NYSE stock market under the symbol BAM.

As of January 10, 2025, BAM stock price declined to $52.07 with 1,868,081 million shares trading.

BAM has a market cap of $21.86 billion. This is considered a Large Cap stock.

Last quarter Brookfield Asset Mgmt reported $1 billion in Revenue and $.33 earnings per share. This fell short of revenue expectation by $-83 million and missed earnings estimates by -$.03.

In the last 3 years, BAM traded as high as $62.47 and as low as $26.76.

The top ETF exchange traded funds that BAM belongs to (by Net Assets): TMFG, FPXI, QINT, VT, TGLR.

BAM has outperformed the market in the last year with a return of +36.4%, while the SPY ETF gained +23.3%. In the last 3 month period, BAM beat the market returning +9.7%, while SPY returned +1.1%. However, in the most recent 2 weeks BAM has underperformed the stock market by returning -4.7%, while SPY returned -2.4%.

BAM support price is $54.66 and resistance is $56.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BAM shares will trade within this expected range on the day.