Brookfield Corporation (NYSE:BN) is one of the Best Stocks to Buy and Hold For the Next 3 Years. On February 12, Brookfield Corporation (NYSE:BN) released its fiscal Q4 and full-year results. The company delivered $20.156 billion in revenue, up from $19.426 a year ago. The earnings per share came in at $0.63, surpassing estimates by $0.03.
Management noted fiscal 2025 to be driven by record fundraising capital deployment and cash flows across three core segments, including Asset Management, Wealth Solutions, and Operating Businesses. The assets management business of the company reported $112 billion inflows, while the wealth solutions delivered strong growth with distributable earnings increasing 24% year-over-year.
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Following the release, Wall Street has taken a bullish stance on the stock. Recently, on February 23, Bart Dziarski from RBC Capital reiterated a Buy rating on Brookfield Corporation with a price target of $60. Earlier, on February 17, Michael Cyprus from Morgan Stanley also reiterated a Buy rating on the stock and raised the price target from $58 to $60.
Brookfield Corporation is a Canada-based global investment firm that manages alternative assets to build long-term wealth for institutions and individuals.
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