Brookfield Corporation (BN) Is A Cheap Stock In Bill Ackman’s Portfolio

Brookfield Corporation (NYSE:BN) is one of the 6 Cheap Stocks to Buy According to Bill Ackman.

Brookfield Corporation (NYSE:BN) is one of the largest asset management firms in the world, courtesy of its more than a trillion dollars in assets. The shares are up by 14% over the past year and are down by 3.4% year-to-date. Like other asset managers, Brookfield Corporation (NYSE:BN) has also built a position for itself in the AI infrastructure rollout. For instance, in November, Brookfield Asset Management announced a $100 billion AI infrastructure program after teaming up with NVIDIA and Kuwait’s investment authority. Brookfield Corporation (NYSE:BN)’s partnership with fuel cell company Bloom Energy is also believed to contribute towards powering AI infrastructure provider Oracle’s facilities in New Mexico. More recently, in May, the firm announced that it would invest $500 million in The OpenAI Deployment Company, which is its partnership with OpenAI to push enterprise users towards deploying AI full scale as opposed to the initial pilot stage.

Brookfield Corporation (BN) Is A Cheap Stock In Bill Ackman's Portfolio

Brookfield Corporation (NYSE:BN)’s infrastructure portfolio sees the firm operate 150 data centers, 308,000 telecommunications sites and tens of thousands of kilometers of fiber optic networks.

While we acknowledge the risk and potential of BN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BN and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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