Brookfield Asset Management Inc. BAM Stock Analysis

Brookfield Asset Management Inc. stock trades under the ticker BAM & has shown recent bullishness that traders & investors should research further into.

BAM stock closed at $49.73/share on 9/14/2022.

Brookfield Asset Management Inc. BAM Stock’s Technical Performance Broken Down

Brookfield Asset Management Inc. BAM Stock's Technical Performance Over The Last Year

BAM Stock Price: $49.73

10 Day Moving Average: $48.88

50 Day Moving Average: $48.85

200 Day Moving Average: $51.97

RSI: 51.05

MACD: -0.022

Yesterday, BAM stock completed a bullish MACD crossover, settling ~2% above its 10 & 50 day moving averages.

Recent trading volumes have been about average compared to the year prior, and their RSI is neutral, signaling that they may have more near-term momentum, pending broader market volatility.

BAM stock has support at the $49.13 & $48.84/share price levels, as they try to break above the $51.33 & $51.45/share resistance levels.

Brookfield Asset Management Inc. BAM Stock As A Long-Term Investment

Long-term oriented investors will like BAM stock’s valuation metrics, with a 21.97 P/E (ttm) & a 1.89 P/B (mrq).

Investors may want to look into more details about their recently reported 26.9% Quarterly Revenue Growth Y-o-Y & -27.7% Quarterly Earnings Growth Y-o-Y.

Their balance sheet will also require an additional review, with $12.2B of Total Cash (mrq) & $199.64B of Total Debt (mrq).

BAM stock pays a 1.1% dividend, which appears stable in the long-run, as their payout ratio is 23.58%.

74.73% of BAM stock’s outstanding share float is owned by institutional investors.

Brookfield Asset Management Inc. BAM Stock As A Short-Term Trade Using Options

Short-term focused traders can use options to profit from BAM stock’s price movements, while protecting their portfolio from volatility.

I am looking at the contracts with the 10/21 expiration date.

The $45 & $35 calls are in-the-money, with the former being more liquid than the latter.

The $50 & $55 puts are also in-the-money, listed from highest to lowest level of open interest.

There should be more liquidity after tomorrow (9/16)’s expiration date passes & contracts expire.

Tying It All Together

BAM stock has many interesting attributes that traders & investors are sure to like.

Investors will like their dividend yield, as well as their valuation metrics, but may want to look into their balance sheet.

Traders will like their current technical strength, but may be disappointed in how liquid their options are.

Overall, it is worth taking a closer look into BAM stock to see how it fits into your portfolio strategy.