Good Long-Term New Energy Stock Buys
3 Top Renewable-Energy Stocks to Buy Right Now; These renewable energy companies have bright futures.
Matthew Dilallo, September 29, 2019 (Motley Fool)
“…[The global economy has invested $1.5 trillion in New Energy over the last five years, but over the next ten years it could invest] another $5 trillion-$10 trillion…Three of the top companies focused on this market are Brookfield Renewable Partners (NYSE:BEP), TerraForm Power (NASDAQ:TERP), and NextEra Energy Partners (NYSE:NEP). All three boast excellent growth prospects while also paying an attractive dividend. That should give them plenty of power to generate strong total returns, making them great long-term buys right now…
[They are among the world's largest renewable energy companies and operate diversified portfolios of green energy assets like hydro, wind, solar, and energy storage with long-term, fixed-rate contracts that] generate very predictable cash flow…[They currently pay dividends of 3% to 5% or more annually and expect by the early to mid-2020s to grow their] cash flow per share by a more than 10% annual rate…[These New Energy investments offer] an enticing combination of yield and growth prospects…[that make them] excellent long-term buys…” click here for more