Why I Just Bought More of This Brilliant Growth Stock
Growth stocks typically trade at premium values. Investors highly prize growth because companies that increase their earnings at above-average rates have historically created the most value for their shareholders over the long term.
Brookfield Infrastructure Partners (NYSE: BIP) certainly qualifies as a growth stock. The global infrastructure giant has grown its funds from operations (FFO) at a more than 10% annual rate over the last decade. It's in an excellent position to continue growing at a double-digit rate.
Despite that, its unit price has plunged nearly 40% from its 52-week high. That has this brilliant growth stock trading at such a cheap value that I couldn't resist adding to my position.
Source Fool.com
Brookfield Corp. Aktie
39,30 €
-1,50 %
Einige Buy-Einschätzungen geben Brookfield Corp. den Vorteil gegenüber Sell-Einschätzungen.
Ein Kursziel von 42 € für Brookfield Corp. zeigt ein leicht positives Potenzial im Vergleich zum aktuellen Kurs von 39.3 €.
