Is Brookfield Asset Management Stock a Buy Now?

Brookfield Asset Management (NYSE: BAM) is a large Canadian asset manager, though it is less well known than U.S. peers like Blackstone (NYSE: BX) and BlackRock (NYSE: BLK). Brookfield Asset Management is focused squarely on expanding its business and in a dramatic way. If the company's plans play out as expected, there could be more growth ahead for the stock.Image source: Getty Images.During the past year, Brookfield Asset Management's stock price has risen by 29%. During the same span, the S&P 500 index (SNPINDEX: ^GSPC) gained roughly 17%. That is significant outperformance. Brookfield Asset Management also outdistanced U.S. asset management peers Blackstone and BlackRock, which were up 18% and 25%, respectively.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool