Down 30% and Still Growing its Payout: 1 Canadian Stock I'd Snap Up

Down 30% and Still Growing its Payout: 1 Canadian Stock I'd Snap Up

Brookfield Renewable looks undervalued, with massive scale, inflation‑linked contracts, and U.S. policy tailwinds that could drive steady income and multi‑year growth.

When you’re an investor seeking out opportunities, it can be hard to decide which companies are going to rise to the top and which are likely to only fall further.

Brookfield Renewable Partners (TSX:BEP.UN) belongs at the top of the list, as it offers a growing opportunity. The Canadian stock is down from its 2021 highs due to shifted sentiment toward renewable energy infrastructure, rising interest rates, inflation, and growth timing concerns.

However, for a long-term investor, this drop presents a "buying the dip" moment, as the business is built on clean power assets.

buying the dip

Author's summary: Brookfield Renewable is undervalued and offers growth potential.

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The Motley Fool Canada The Motley Fool Canada — 2025-10-29

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