Down 20% Ahead of Earnings, is Brookfield Infrastructure a Buy or is Trouble Ahead?

By Jason Hall and Jeff Santoro – Nov 1, 2022 at 11:29AM

NYSE: BIP

Brookfield Infrastructure Partners

Market Cap

$13B

Today's Change

(2.21%) $0.60

Current Price

$27.76

Price as of April 22, 2024, 4:00 p.m. ET

Rising interest rates, inflation, and a tough foreign exchange environment have investors looking elsewhere.

A longtime market-beating investment, shares of Brookfield Infrastructure (BIP 2.21%) (BIPC 1.39%) are down close to 20% from the recent high as a combination of rising interest rates, economic woes, and inflation has stock investors worried. In this video, Motley Fool contributor Jason Hall takes a look at Brookfield's past performance, and makes the case for how its success should continue well into the future.

*Stock prices used were the after-market prices of Oct. 31, 2022. The video was published on Nov. 1, 2022.

Jason Hall has positions in Brookfield Infrastructure Corporation and Brookfield Infrastructure Partners. The Motley Fool recommends Brookfield Infra Partners LP Units, Brookfield Infrastructure Corporation, and Brookfield Infrastructure Partners. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.