Latest news with #BrookfieldRenewablePartners
Globe and Mail
4 days ago
- Business
- Globe and Mail
The Smartest High-Yield Stocks to Buy With $100 Right Now
You can buy some smart high-yield investments with as little as $100 if you take your time and act selectively. Right now, United Parcel Service (NYSE: UPS), Brookfield Renewable Partners (NYSE: BEP), and Enterprise Products Partners (NYSE: EPD) all have 6% yields or higher, and share prices that are below $100. Here's a look at why each one might be a good fit for your portfolio right now. 1. United Parcel Service is a turnaround story United Parcel Service (or UPS) is one of the largest package delivery services in the world. During the coronavirus pandemic, investors bid up its shares because they extrapolated demand from people staying at home too far into the future. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » When the world opened back up, UPS fell short of Wall Street's lofty expectations. At that point, the company started to revamp its business, focusing on cost-cutting and increasing margins. When it finally looked like UPS had hit an inflection point, the company announced it was voluntarily reducing the business it was doing with Amazon, its largest customer. And shortly thereafter, the tariff upheaval started. The stock remains in Wall Street's doghouse even though it is making progress on its turnaround. In fact, the move away from Amazon is really a sign of strength, not weakness. UPS is basically trying to move away from a high-volume, low-margin customer. The 6.7% dividend yield is a sign that investors are worried about the future. But if you don't mind owning a turnaround stock, UPS looks like it has its business trending in the right direction again, even if the rebound is still a few years away. The lofty yield is good compensation for waiting. 2. Brookfield Renewable Partners has a growth runway Brookfield Renewable Partners owns a portfolio of renewable energy assets, including in the hydroelectric, solar, wind, battery, and nuclear categories. Its portfolio is spread across the globe, with operations in North America, South America, Europe, and Asia. It is as close to a one-stop shop in the renewable power sector as you can find on Wall Street. And it has a lofty 6.5% distribution yield. Part of the reason Brookfield's yield is so high is that investors have lost interest in clean energy stocks. That's an opportunity for those who think long term. In the U.S. market, wind, solar, and storage generation are expected to increase by 300% between 2020 and 2050, according to the National Electrical Manufacturers Association. That's all part of a massive increase in the demand for electricity that is taking place, with demand growth over the next 20 years expected to be six times larger than over the last 20 years. This is a global phenomenon, and Brookfield Renewable Partners is well-positioned to benefit all along the way. Meanwhile, you can collect a huge yield while the slow and steady shift from dirtier carbon energy sources toward cleaner alternatives plays out. 3. Enterprise Products Partners is an income tortoise Two things beyond the lofty 6.8% yield make this master limited partnership (MLP) stand out. The first is the more important one because it is the business behind the yield. Enterprise Products Partners owns midstream energy assets, like pipelines, that help to move oil and natural gas around the world. It charges fees for the use of these assets so it generates reliable cash flows through the entire energy business cycle. Add in an investment-grade balance sheet and distribution coverage by a 1.7 multiple in 2024, and this is a rock-solid income stock. A lot would have to go wrong for a distribution cut to be on the table. In fact, given the $7.6 billion capital investment plan in the works, it is far more likely that investors will see more distribution increases in the future. And that brings up the second reason to like Enterprise: It has increased its distribution annually for 26 consecutive years and counting. This midstream business is boring and reliable, and that's exactly why you'll likely find it to be a smart high-yield investment to add to your portfolio right now. Three high-yield options for your portfolio There is more than one way to add a high yield to your dividend portfolio. UPS is a turnaround story. Brookfield Renewable Partners is an option with a strong growth story behind it. And Enterprise is a boring high-yield business that even the most conservative of income investors could easily love. Should you invest $1,000 in United Parcel Service right now? Before you buy stock in United Parcel Service, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and United Parcel Service wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor 's total average return is978% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Reuben Gregg Brewer has positions in Brookfield Renewable Partners. The Motley Fool has positions in and recommends Amazon. The Motley Fool recommends Brookfield Renewable Partners, Enterprise Products Partners, and United Parcel Service. The Motley Fool has a disclosure policy.
The Market Online
16-05-2025
- Business
- The Market Online
Post-election outlook: Canadian companies set for growth under PM Carney's cabinet
With the swearing-in of Prime Minister Mark Carney's new cabinet following the 2025 federal election, Canada is entering a new phase of economic strategy and policy direction. Carney, a former central banker, has emphasized rebuilding a weakened economy, diversifying trade away from the U.S., and investing in housing and innovation. These shifts are expected to create opportunities across several sectors, particularly for companies aligned with the government's priorities. 1. Brookfield Renewable Partners (TSX:BEP, Forum) As Canada pivots toward energy diversification and green infrastructure, Brookfield Renewable stands to benefit. The Carney government has reaffirmed its commitment to clean energy, even as it eliminates the federal consumer carbon tax. Brookfield's global portfolio of hydroelectric, wind, and solar assets positions it well to attract both public and private investment in the transition to sustainable energy. 2. Shopify Inc. (TSX:SHOP, Forum) With a renewed focus on innovation and digital trade, Shopify could see tailwinds from policies aimed at boosting Canadian tech competitiveness. Carney's cabinet includes ministers tasked with expanding trade ties with Europe and Asia, which could open new markets for Canadian e-commerce platforms. The government's decision not to increase the capital gains inclusion rate can also serve as a relief for tech investors and founders. 3. Stella-Jones Inc. (TSX:SJ, Forum) Stella-Jones, a key supplier of pressure-treated wood products for infrastructure and construction, is well-positioned to benefit from the 'Build Canada Homes' initiative. The government has pledged over C$25 billion in financing for modular and prefabricated housing, alongside GST relief for first-time homebuyers. This could significantly boost demand for construction materials and related services. Small-cap stocks often respond more dramatically to fiscal policy changes due to their agility and domestic focus. Under Carney's leadership, several policy shifts could create a favourable environment for these companies: Housing and infrastructure spending : Smaller construction firms and suppliers could see increased contract opportunities from government-backed housing projects. : Smaller construction firms and suppliers could see increased contract opportunities from government-backed housing projects. Tax relief : The reduction of the lowest federal personal income tax rate from 15 per cent to 14 per cent may increase consumer spending, benefiting small-cap retail and service businesses. : The reduction of the lowest federal personal income tax rate from 15 per cent to 14 per cent may increase consumer spending, benefiting small-cap retail and service businesses. Trade diversification: Companies with niche export capabilities to Europe or Asia may gain from new trade agreements and reduced reliance on the U.S. market. Investors should monitor small-cap indices and sector-specific ETFs for early signs of momentum, particularly in construction, clean tech, and digital services. Vote of confidence Mark Carney's cabinet signals a possible pragmatic yet ambitious economic agenda. While large-cap companies like Brookfield and Shopify are poised to benefit from macro-level policy shifts, small-cap stocks could offer outsized returns for investors willing to navigate the evolving landscape. As always, diversification and close monitoring of fiscal developments will be key to capitalizing on this new chapter in Canadian economic policy. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Business Insider
06-05-2025
- Business
- Business Insider
Brookfield Renewable Partners (BEP) Receives a Buy from RBC Capital
In a report released on May 2, Nelson Ng from RBC Capital maintained a Buy rating on Brookfield Renewable Partners (BEP – Research Report), with a price target of $31.00. The company's shares closed yesterday at $22.31. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Ng is a 4-star analyst with an average return of 4.5% and a 51.61% success rate. Ng covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, Algonquin Power & Utilities, and Northland Power. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Brookfield Renewable Partners with a $30.30 average price target, representing a 35.81% upside. In a report released yesterday, Raymond James also reiterated a Buy rating on the stock with a $33.00 price target. BEP market cap is currently $15.15B and has a P/E ratio of -25.55.
Globe and Mail
01-05-2025
- Business
- Globe and Mail
Ford Dividend Got Your Eye? 2 Better, Safer High-Yield Stocks
In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why dividend investors may want to be wary of Ford 's (NYSE: F) payout, and why Hershey (NYSE: HSY) and Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) are likely to prove better -- and safer -- high-yield stocks to buy and hold. *Stock prices used were from the afternoon of April 17, 2025. The video was published on May 1, 2025. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Should you invest $1,000 in Brookfield Renewable Partners right now? Before you buy stock in Brookfield Renewable Partners, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Brookfield Renewable Partners wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $607,048!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $668,193!* Now, it's worth noting Stock Advisor 's total average return is880% — a market-crushing outperformance compared to161%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. *Stock Advisor returns as of April 28, 2025 Jason Hall has positions in Brookfield Renewable, Brookfield Renewable Partners, and Hershey and has the following options: long January 2026 $22.50 calls on Brookfield Renewable Partners and short January 2026 $20 puts on Brookfield Renewable Partners. Tyler Crowe has positions in Brookfield Renewable. The Motley Fool has positions in and recommends Hershey. The Motley Fool recommends Brookfield Renewable and Brookfield Renewable Partners. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Globe and Mail
30-04-2025
- Business
- Globe and Mail
RBC Capital Reaffirms Their Buy Rating on Brookfield Renewable Partners (BEP)
RBC Capital analyst Nelson Ng maintained a Buy rating on Brookfield Renewable Partners (BEP – Research Report) on April 27 and set a price target of $31.00. The company's shares closed yesterday at $23.21. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Ng is a 4-star analyst with an average return of 6.2% and a 51.38% success rate. Ng covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, Algonquin Power & Utilities, and Northland Power. Brookfield Renewable Partners has an analyst consensus of Strong Buy, with a price target consensus of $30.56. The company has a one-year high of $29.56 and a one-year low of $19.29. Currently, Brookfield Renewable Partners has an average volume of 691.1K.
