2 Unstoppable Growth Stocks That Could Outperform the Market Over the Next Decade
Growth stocks need plenty of fuel to continue expanding. That means having access to ample capital to fund a steady supply of high-return investments.
Few sectors offer the growth potential of renewable energy. Companies need to invest trillions of dollars over the next three decades to transition the economy's fuel source away from fossil fuels to cleaner alternatives. As leaders in that sector, Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) and NextEra Energy (NYSE: NEE) seem unstoppable. Because of that, they should be able to continue generating market-beating returns over the next 10 years.
Brookfield Renewable has been unstoppable over the years. The leading global renewable energy producer has delivered 17% total annualized returns since its formation two decades ago. That has vastly outperformed the S&P 500's 7% total annualized return during that period.
Source Fool.com
