This High-Yield Dividend Stock Is Down Nearly 50% but Is a Screaming Buy Right Now for Investors Seeking Passive Income
What do you think when you see a product for sale at a steep discount to its past price range? Most people would probably give one of two answers: (1) there's something wrong with the product, or (2) it's a bargain.
I think that Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) is a great example of the latter. This high-yield dividend stock is down nearly 50%. But it's a screaming buy right now for investors seeking passive income.
Brookfield Renewable's share price skyrocketed from 2019 through early 2021. However, it's been mainly downhill for the renewable energy stock since then. What happened?
Source Fool.com
Brookfield Corp. Aktie
43,60 €
1,41 %
Eine Tendenz zu Buy-Einschätzungen bei Brookfield Corp., überwiegend gegenüber Sell-Einschätzungen.
Ein unerwartetes negatives Potenzial von -1.38% für Brookfield Corp., trotz eines niedrigeren Kursziels von 43 € als der aktuelle Kurs von 43.6 €.
