Brookfield Infrastructure (NYSE: BIP) (NYSE: BIPC) is having a solid year in 2020 despite all the economic turbulence caused by the COVID-19 outbreak. The global infrastructure operator is still on track to grow its cash flow per share despite some challenges during the second quarter. The stock is up more than 15% on the year.
As good as 2020 has been, 2021 could be even better. The headwinds facing the company should fade, and it should benefit from some needle-moving investments made at the end of 2020. On top of that, it has plenty of financial flexibility to continue making value-enhancing investments over the next year. Brookfield seems poised to deliver high-powered earnings growth in 2021. Add that to its 3.8%-yielding dividend, and it could generate even higher total returns in the coming year.
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