BEPC - 2 Stocks That Can Help You to Get Richer in the Next 3 to 5 Years
2024-05-18 06:35:00 ET
Some companies have a knack for making their investors richer. They operate highly profitable businesses, giving them ample cash to fund their growth while returning money to investors.
Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) and Prologis (NYSE: PLD) are proven wealth creators. They're in an excellent position to continue enriching their investors in the future . That makes them great stocks to buy for those seeking to grow their wealth over the next three to five years.
Brookfield Renewable has generated a 15.8% average annual total return over the last 20 years. That has significantly outpaced the S&P 500 's 10.3% average annual total return. Put another way, the renewable energy producer has grown a $10,000 investment made 20 years ago into over $187,000. That's $100,000 more than a similar investment in an S&P 500 index fund.
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2 Stocks That Can Help You to Get Richer in the Next 3 to 5 Years