BN.TO Brookfield Corporation Loading... : Bullish and Bearish Analyst Opinions
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14:31
Sep 10
Sep 10
BN oversold despite debt-cost rate-hike risk
The author argues BN has been falling because it went on a debt-funded buying and investing spree over the last two months, and rising interest-rate-hike odds make that debt more expensive, eating into BN's bottom line. Despite this, the author believes BN is oversold and is personally holding (self-described bagholder). The main risk is further rate hikes increasing debt costs.
MED
About BN.TO Analyst Coverage
Buzzberg tracks BN.TO (Brookfield Corporation) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade idea tracked. Past 7 days: 1 bullish. Latest voices: u/log1ck1717.