Good Buys In Wind Energy
3 Top Energy Stocks to Buy in March; If you are looking for energy stocks, don't get stuck in the oil and gas market. Here are three opportunities that you shouldn't pass up.
Reuben Gregg Brewer, Jason Hall, And Matthew DiLallo, March 5, 2018 (Motley Fool)
“…[Renewable power producer Brookfield Renewable Partners LP (NYSE:BEP)] generated 30% more cash flow last year due to improving hydropower conditions and savvy acquisitions, including a stake in wind and solar power operator TerraForm Power (NASDAQ:TERP) for a great price. Those strong results enabled Brookfield to increase its distribution to investors by another 5%...[Though it] performed well over the past year, its valuation has fallen in recent months along with the sell-off in the stock market…[and it is] down more than 8% since the start of this year…[so] investors right now can buy this top-tier renewable partnership for an even better price and lock in a very generous 6.5% yield…[Another compelling reason to buy] is Brookfield's interest in TerraForm Power, which recently made a needle-moving acquisition that should boost that company's earnings by 24%, allowing Brookfield to increase its dividend 6% more than initially expected this year…[Vestas Wind Systems and TransCanada Corporation could also be good buys right now]…” click here for more