Back to top

Image: Bigstock

Brookfield (BEP): An Off-the-Radar Potential Winner

Read MoreHide Full Article

It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.

So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.

One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Brookfield Renewable Partners L.P. (BEP - Free Report) . This Utility - Electric Power stock has actually seen estimates rise over the past month for the current year by about 57.1%. But that is not yet reflected in its price, as the stock gained only 0.2% over the same time frame.

Brookfield Renewable Partners L.P. Price and Consensus

Brookfield Renewable Partners L.P. Price and Consensus | Brookfield Renewable Partners L.P. Quote

You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is significant, which should ultimately translate into price appreciation.

And if this isn’t enough, BEP currently carries a Zacks Rank #2 (Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Brookfield. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for BEP and that now might be an interesting buying opportunity.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Brookfield Renewable Partners L.P. (BEP) - free report >>

Published in