Brookfield Asset Management Inc. (BN) Shares Soar 3.92% to Record High on Google Deal

Brookfield Asset Management Inc. (BN) shares surged to a record high today, with an intraday gain of 3.92%.

The strategy of purchasing Brookfield (BN) shares after they reach a recent high and holding for one week yielded positive returns in the short term, based on the following analysis:

Recent High Point: The recent high for BN shares was $52.59, which was surpassed on July 2, 2025.

One-Week Holding Performance:

- One-Week Percentage Change: The shares increased by 1.48% on July 9, 2025, so a one-week holding period would have resulted in a modest gain.

- Comparison to S&P 500: This outpaced the S&P 500's daily gain of 0.61%, indicating good relative performance.

Five-Year Total Return:

- Annualized Return: If we assume a one-week holding period from July 2, 2025, and the subsequent sale on July 9, 2025, the annualized return would be approximately 5% based on the percentage change during this period.

In conclusion, while the strategy of buying BN shares after they reach a recent high and holding for one week can yield positive returns in the short term, the overall five-year performance is modest when compared to the broader market sector.

Brookfield's stock has experienced notable changes due to several key factors. On July 16, 2025, Brookfield's trading volume increased significantly, marking a 117.19% rise from the previous day. Additionally, Brookfield's stock reached an all-time high amid a $3 billion hydroelectric power deal with Google. This strategic agreement has been a significant driver of Brookfield's stock surge, as it involves providing up to 3 GW of hydropower to Google, reshaping the energy supply for hyperscale data centers. These developments have contributed to the bullish sentiment surrounding Brookfield's stock.