Why do these 2 stocks hide investment opportunities not to be missed in 2024?
Brookfield Renewable $BEPC and Whirlpool $WHR are two interesting stories that might excite those thinking about the future of their portfolios. Now is a good time to discover why these stocks are on the decline and why they could be great additions to your portfolio while they are affordable.
Brookfield Renewable: The Renewable Energy Revolution
Investors may not find it too pleasant now to watch Brookfield Renewable $BEPC stock underperform the S&P 500 Index in 2023. Concerns about the company's growth in a period of rising interest rates have pushed the price nearly 54% below all-time highs. But what if now is the right time to buy?
Brookfield Renewable, which specializes in renewable energy, is determinedly pursuing its goal. Although growth slowed a bit in the third quarter, the company expects at least 10% growth in operating funds for the fourth quarter of 2023. With planned acquisitions and growing interest in renewables, Brookfield Renewable has a lot to offer.
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