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2 Top Energy Stocks to Buy in April


Energy stocks have gotten off to a blistering start to 2024. The average energy stock has gained more than 12.5%, as measured by the Energy Select Sector SPDR ETF. That outpaced the equally red-hot S 500's 10.2% gain.

However, there are still some compelling opportunities in the sector. Enbridge (NYSE: ENB) and Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) stand out as two of the top energy stocks to buy this April. Here's why they could fuel high-octane total returns from here.

Enbridge has gotten off to a very sluggish start to the year, with shares barely budging. That's a headscratcher, given the Canadian pipeline and utility giant's progress already this year. In early February, Enbridge reported solid fourth-quarter results. It reported a 6% increase in its adjusted EBITDA last year, its 18th straight year of achieving its financial guidance. Meanwhile, a month later, Enbridge extended its visible growth outlook through 2026, expecting to deliver 7% to 9% annual adjusted EBITDA growth during that period.

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Source Fool.com

Brookfield Corp. Stock

€42.30
-2.530%
We can see a decrease in the price for Brookfield Corp.. Compared to yesterday it has lost -€1.100 (-2.530%).
With 13 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 43 € there is a slightly positive potential of 1.65% for Brookfield Corp. compared to the current price of 42.3 €.
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