BEPC - If You'd Invested $10000 in Brookfield Renewable 3 Years Ago This Is How Much You Would Have Today
2023-10-28 07:35:00 ET
Brookfield Renewable Corporation (NYSE: BEPC) has been a hard stock to love over the past three years. But the business hasn't skipped a beat. Here's why, despite steep losses, investors will probably still find Brookfield Renewable an attractive way to invest in the clean energy sector.
Looking at stock price performance, a $10,000 investment in Brookfield Renewable Corporation three years ago would be worth just about $5,200 today. That hurts, but it basically coincides with a deep downturn in the clean energy sector. For example, the same investment in the iShares Global Clean Energy ETF (NASDAQ: ICLN) would be worth about $6,600 today. Notably, both are about 60% below their high-water marks over that span.
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If You'd Invested $10,000 in Brookfield Renewable 3 Years Ago, This Is How Much You Would Have Today