Is Brookfield Infrastructure Partners Stock a Buy?
Brookfield Infrastructure Partners (NYSE: BIP) has been a wealth-creating matching since its formation just over a decade ago. In the last 10 years, the global infrastructure operator has generated an average annualized total return of 17%, pulverizing the S&P 500's 9% average annual total return during that timeframe.
However, this year the company seems to have run out of fuel as it's stock value is roughly flat after factoring in the spinoff/stock split that created Brookfield Infrastructure Corporation (NYSE: BIPC). That might have investors wondering if the company's wealth-creating days are in the rearview mirror. Here's a look at the case for and against buying Brookfield Infrastructure these days.
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Source Fool.com
