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Trade-Ideas: Brookfield Asset Management (BAM) Is Today's "Barbarian At The Gate" Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Brookfield Asset Management (BAM) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified Brookfield Asset Management as such a stock due to the following factors:

  • BAM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $24.4 million.
  • BAM has traded 296,500 shares today.
  • BAM traded in a range 211.2% of the normal price range with a price range of $1.19.
  • BAM traded above its daily resistance level (quality: 9 days, meaning that the stock is crossing a resistance level set by the last 9 calendar days. The resistance price is defined by the Price - $0.01 at the time of the signal).

Stocks matching the 'Barbarian at the Gate' criteria are worthwhile stocks to watch for a variety of factors including historical back testing and volatility. Trade-Ideas targets these opportunities because the stock is exhibiting an unusual behavior while displaying positive price action. In this case, the stock crossed an important inflection point; namely, 'resistance' while at the same time the range of the stock s movement in price is more than twice its normal size. This large range foreshadows a possible continuation as the stock moves higher.

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More details on BAM:

Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. The stock currently has a dividend yield of 1.6%. BAM has a PE ratio of 18.6. Currently there are 4 analysts that rate Brookfield Asset Management a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Brookfield Asset Management has been 665,900 shares per day over the past 30 days. Brookfield Asset Management has a market cap of $23.3 billion and is part of the financial sector and real estate industry. Shares are up 1.7% year to date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Brookfield Asset Management as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, increase in net income, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 9.4%. Since the same quarter one year prior, revenues rose by 16.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Management & Development industry. The net income increased by 66.7% when compared to the same quarter one year prior, rising from $138.00 million to $230.00 million.
  • Net operating cash flow has significantly increased by 1108.13% to $867.00 million when compared to the same quarter last year. Despite an increase in cash flow of 1108.13%, BROOKFIELD ASSET MANAGEMENT is still growing at a significantly lower rate than the industry average of 3043.57%.
  • Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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