Published on 6 Oct 2023 on Insider Monkey via Yahoo Finance
Should You Invest in Brookfield Infrastructure Partners (BIP)?
Emeth Value Capital, an investment Management Company, released its second-quarter investor letter. A copy of the same can be downloaded here. Year-to-date, the fund returned 19.27% compared to the MSCI ACWI Index’s 14.19% return. Since inception, the fund returned 18.53%. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.
Emeth Value Capital highlighted stocks like Brookfield Infrastructure Partners L.P. (NYSE:BIP) in the second quarter 2023 investor letter. Headquartered in Hamilton, Bermuda, Brookfield Infrastructure Partners L.P. (NYSE:BIP) is an infrastructure company that owns and operates utilities, transport, midstream, and data businesses. On October 5, 2023, Brookfield Infrastructure Partners L.P. (NYSE:BIP) stock closed at $28.00 per share. One-month return of Brookfield Infrastructure Partners L.P. (NYSE:BIP) was -11.28%, and its shares lost 18.68% of their value over the last 52 weeks. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has a market capitalization of $12.908 billion.
Emeth Value Capital made the following comment about Brookfield Infrastructure Partners L.P. (NYSE:BIP) in its Q2 2023 investor letter: