Jim Cramer Talked About These 12 Stocks Recently

10. Brookfield Corporation (NYSE:BN)

Number of Hedge Fund Holders: 37

A caller commented on Brookfield Corporation’s (NYSE:BN) CEO Bruce Flatt and Cramer said:

“Man, that guy is so smart. I would wish he’d come on the show. They are real shrewd operators. I wish I knew exactly what they own, but they seem to know everything that is just great. Now that’s the kind of stock that go down and then I would be a buyer, not a seller.”

Brookfield (NYSE:BN) is an alternative asset manager and real estate investment firm that focuses on investments in real estate, renewable power, infrastructure, private equity, and venture capital.

Third Point Management stated the following regarding Brookfield Corporation (NYSE:BN) in its Q4 2024 investor letter:

“Last summer we initiated a position in Brookfield Corporation (NYSE:BN). Brookfield is one of the largest global alternative asset managers with over $500 billion in fee-earning AUM. We believe Brookfield is uniquely positioned to be a beneficiary of the secular growth tailwinds around infrastructure, where it is the preeminent global franchise, and private credit, where it is a top player with $250 billion in fee-earning credit assets. These are two of the fastest growing asset classes within alternatives.

We believe infrastructure is poised to benefit from the dual tailwinds of the enormous global funding gap in traditional infrastructure – estimated at $100 trillion of required investment through 2040 – and significant new demand for digital infrastructure to support data and compute needs. Brookfield has a long track record of first quartile returns within its global infrastructure business and a 100+ year history as an owner-operator of real assets that predates its asset management franchise. In 2022, it raised its offshoot Global Transition fund at in our view an impressive $13 billion first vintage, and in 2023, it closed on the largest infrastructure drawdown fund ever raised at $28 billion..” (Click here to read the full text)