High-yield stocks face several headwinds right now. However, there are two sectors in the high-yield space that have major tailwinds. I share some of my top picks in these sectors right now.
Dividend stocks can be terrific investments. The best ones provide investors with passive income and upside potential.
Brookfield Renewable (BEPC -2.96%) (BEP -4.34%) has become a force in the clean energy sector. The company has built a diversified platform with nearly unmatched scale and expertise across geographies and technologies.
Brookfield Renewable (BEPC 4.63%) (BEP 5.75%) continues to prove it's more than just an income stock. The renewable energy giant delivered record results last year, growing its funds from operations (FFO) by 10% per share.
When searching for durable ~7% yields, accessing meaningful price returns is difficult. Opportunities that offer both components are rare. In this article I share two high-yielding durable income picks, which come with high-probability near-term catalysts for a significant price appreciation.
While the top- and bottom-line numbers for Brookfield Renewable (BEP) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Brookfield Renewable Partners L.P. Limited Partnership Units (NYSE:BEP ) Q4 2024 Earnings Conference Call January 31, 2025 8:30 AM ET Company Participants Connor Teskey - CEO Wyatt Hartley - Co-President Patrick Taylor - CFO Conference Call Participants Sean Steuart - TD Cowen Nelson Ng - RBC Capital Markets Robert Hope - Scotiabank Rupert Merer - National Bank Mark Jarvi - CIBC William Grippin - UBS Anthony Crowdell - Mizuho Operator Good day, and thank you for standing by.
Since Trump's 2024 victory, sectors like AI, conventional energy, and financials have thrived. There are some negatively affected sectors as well, such as renewable energy and interest rate sensitive asset classes. While in most cases the declines have been justified, there are some situations, where the market has thrown the baby out with the bathwater.
Just because Wall Street likes a stock doesn't mean it's a great pick. However, it's not a bad idea to at least consider how analysts view a given stock.
Many high-quality, higher-yielding dividend stocks underperformed the market last year. The primary culprit has been higher interest rates.
The energy sector had a rather pedestrian year in 2024. The average energy stock in the S&P 500 gained only 2% on the year, as measured by the return of the Energy Select SPDR ETF, well below the S&P 500's gain of more than 23%.
Generating passive income can help get you on the road to financial freedom. It can help offset some of your expenses, reducing the time you need to actively work to fund your lifestyle.