11 Best Extremely Profitable Stocks to Buy According to Analysts

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9. Brookfield Asset Management Ltd. (NYSE:BAM)

TTM Net Profit Margin: 112.24%

Number of Hedge Fund Holders: 21

Analyst Upside Potential: 25.15%

Brookfield Asset Management Ltd. (NYSE:BAM) is a leading international alternative asset manager that focuses on long-term investments in real assets and essential service businesses. The company manages nearly $800 billion in assets on behalf of over 2,000 institutional clients worldwide.

On March 18, Nik Priebe from CIBC maintained a Buy rating on the stock, with a price target of $70. The company achieved significant milestones in fiscal 2024. Brookfield Asset Management Ltd. (NYSE:BAM) raised over $135 billion throughout the year, including a record $29 billion in organic fundraising during Q4. This contributed to an 18% annual growth in fee-bearing capital, which reached $539 billion.

Moreover, Madison Mid Cap Fund in its Q4 2024 investor letter mentioned Brookfield Asset Management Ltd. (NYSE:BAM) to be one of the top contributors for the quarter. The fund noted that the company can attract significant allocations which positions it as a proven winner in the industry. It does so by leveraging its robust track record and diversified offerings to maintain momentum in capital raising. It is one of the best extremely profitable stocks to buy according to analysts.

Madison Mid Cap Fund stated the following regarding Brookfield Asset Management Ltd. (NYSE:BAM) in its Q4 2024 investor letter:

“The top five contributors for the quarter were Liberty Formula One, Arista Networks, Copart, Brookfield Asset Management, and Lithia Motors. Shares in Brookfield Asset Management Ltd. (NYSE:BAM) advanced nicely as the firm continues to raise funds at a robust clip, showing that despite some slowdown in the overall appetite for alternative investment asset classes, the proven winners can still attract their share of allocations.”

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