ET - These 3 Stocks Are on Sale: Why You Can't Miss Out on This Spectacular Buying Opportunity
2023-07-13 08:05:00 ET
Stocks have been in rally mode over the past several months. Because of that, there aren't quite as many bargains around.
However, a few compelling opportunities remain. Brookfield Infrastructure Partners (NYSE: BIP) , Devon Energy (NYSE: DVN) , and Energy Transfer (NYSE: ET) are still incredibly cheap. Here's why bargain-hunting investors will want to take advantage of these spectacular buying opportunities.
Brookfield Infrastructure Partners has been a growth machine over the past decade. The global infrastructure operator has grown its funds from operations ( FFO ) per unit at an 11% annual rate while increasing its dividend by 9% per year. The company expects FFO to grow by more than 10% again this year, pushing it up to around $3 per unit.
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These 3 Stocks Are on Sale: Why You Can't Miss Out on This Spectacular Buying Opportunity