Brookfield Infrastructure Partners L.P. (BIP)

[Investorman]

This is a great long term investment. Currently undervalued with a nice dividend.

Brookfield offers a great play on diverse infrastructure assets across the world. It owns stakes in timberland, railroads, ports, power transmission assets, and coal terminals -- all the necessities to keep a modern global economy running. And that's the appeal. Brookfield invests in high-quality assets that have high barriers to entry. These assets offer annuity-like income streams with the chance for capital appreciation, too.