These 3 Unique Stocks Have An Undeniable Long-Term Upside
Speculators see stocks as nothing more than tickers to be bought and sold in rapid fashion. Investors, though, understand that there are real companies behind those tickers and take the time to understand said company's story. Often, this leads to investments that last for years at a time, which allows investors to capture the long-term upside potential in a company's growth. Three names long-term investors might want to look at today are Brookfield Renewable Corporation (NYSE: BEPC), Innovative Industrial Properties (NYSE: IIPR), and Unilever (NYSE: UL).
The world is moving toward cleaner energy alternatives, but the transition will likely take decades. That's why Brookfield Renewable Corporation has years of growth ahead of it, as it looks to build out a portfolio of renewable power assets. Its core assets, at around half of its revenues, are centered on hydroelectric power, a reliable and old technology. The rest of the portfolio is focused on faster-growing solar, wind, and other assets (like storage). Revenues were up about 11% year over year in the first quarter with funds from operations (FFO) up an even larger 18%.
The key story here, however, is that Brookfield Renewable Corporation has a 69-gigawatt development pipeline ahead of it. That's built-in growth. Just how big is that growth? The company currently operates 21 gigawatts' worth of clean energy assets, so it could more than triple in size as it builds out its portfolio.
Source Fool.com
