3 Energy Stocks That Are Screaming Buys in September
The energy sector has muddled along this year. While the broader market has rallied sharply (the S 500 is up more than 15%), energy stocks are mostly flat (the Energy Select Sector SPDR ETF is up less than 2% year to date). Because of that, many energy stocks look relatively attractive these days.
Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP), Energy Transfer (NYSE: ET), and NextEra Energy Partners (NYSE: NEP) stand out from the pack. They trade at lower valuations, giving them higher dividend yields. They look like screaming buys this month because of that and their growth prospects.
Brookfield Infrastructure is roughly flat on the year. That's despite growing its funds from operations (FFO) by nearly 10% per share through the second quarter. The energy, transportation, and data-infrastructure company benefited from strong organic growth drivers (elevated inflation driving higher rates and $1 billion of new capital-project completions, including a new petrochemical complex in Canada). It also got a boost from over $2.1 billion of new acquisitions.
Source Fool.com
Brookfield Corp. Stock
We see a rather positive sentiment for Brookfield Corp. with 16 Buy predictions and 1 Sell predictions.
However, we have a potential of -0.24% for Brookfield Corp. as the target price of 42 € is below the current price of 42.1 €.
