Why Shares of Brookfield Renewable Soared 74% in 2020

Turning in a similar performance to their 80% rise in 2019, shares of Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) soared 74% in 2020, according to data from S&P Global Market Intelligence.

In addition to acquisitions, favorable outlooks on the company's stock from Wall Street and Joe Biden's presidential election victory powered investors' excitement for this renewable energy leader.

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Source Fool.com