Is Brookfield Renewable Partners Stock a Buy?
Shares of Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) have been scorching hot in 2020, surging a market-crushing 70%. That rally probably has investors wondering if shares of the leading renewable-energy producer are still worth buying. Here's a look at the pros and cons of buying now.
Brookfield Renewable has done a fantastic job creating value for its investors over the years. Since its inception nearly two decades ago, the company has generated an average annualized total return of 18%. That has obliterated the S&P 500, which has only produced an average annualized total return of 6% during that period. Thus, it has hardly ever not been a good time to invest in this company.
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Source Fool.com
