TERP - Is It Time to Buy Brookfield Renewable Stock?
The COVID-19 pandemic has disrupted entire industries in ways that will change them permanently. Airlines, cruise operators, and many brick-and-mortar retailers are the obvious losers, while many cloud-based companies that offer tools to make remote work easier and more productive are proving to be huge winners.
Amidst all the fear and excitement, you could be missing out on a boring business that might deliver some of the best returns out there: Brookfield Renewable Partners (NYSE: BEP). The owner and operator of renewable-energy-producing assets may not be as sexy as the latest software-as-a-service (SaaS) provider, but its track record of delivering exceptional returns and big dividends more than makes up for the lack of excitement in its business.
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