BIP is a infrastructure stock with over a 6% dividend and a good way to play the growth of the global market.  If you think the market is at the bottom and that the world will continue to grow, this stock represents a great way to play the market.  They own eletricity transmission systems, timber, and social infrastructure around the world.

Their goal is to buy businesses cheap and sell them when they are in an overvalued market. They expect to find many bargains in the next couple years as countries like the UK and US need to sell off their infrastructure to pay costs.  They believe that privatization of utility companies will eventually happen.
Let’s take a look at some things they own:
  • Owns/operates transmission systems and timberlands in North and South America
  • 8,279 kilometers of transmission lines in Chili
  • 2,100 kilometers of transmission lines in Brazil
  • 550 kilometers of transmission lines in Canada
  • 634,000 acres of freehold timberlands on Vancouver Island
  • 655,000 acres of freehold timberlands in Oregon and Washington
  • Third largest port by tonnage in UK and largest in northeast England
  • One of the largest gas transmission pipeline and storage system in the US
  • Gas distribution in Isle of Man, Channel Islands with significant connections to UK
  • 5,000 km of rail in Western Australia
  • 600,000 sq. meters of exhibition space in Melbourne
  • Natural gas distribution in Tasmania
  • 135 bed forensic hospital, 85-bed prison hospital in Sydney
  • Portfolio of concession ports in European locations
This company is a spinoff of BAM (Brookfield Asset Management).  The CEO of BAM, Bruce Flatt, is given high regards for excelleng management and investment practice.  He is also known as the “Canadian Buffett”. The stock price right now is currently the same as it was 2 years ago.  It has already recovered from the 2009 market crash and there is plenty of room for it to move higher.

Technically the stock is in a great position.  The volume has been steady and it’s moving up slowly.  It took a dive a few days ago, but it has already recovered.  Long-term wise this is an easy play to make you money.  Just hold it, collect the dividend, and watch it move up.