2 Stocks Down More Than 50% to Buy Right Now
The S 500 could be hovering near record highs, but 2023 wasn't kind to some stocks. While some stocks crumbled on reasonable concerns, others were punished despite deserving better. Two such stocks are Brookfield Renewable (NYSE: BEPC) and Whirlpool (NYSE: WHR).
While one company continues to grow steadily and looks on track to deliver record numbers for financial year 2023, the other is making all the right moves to navigate the challenging times and emerge a stronger player in the industry. Here's why you'll want to buy them while they're still each down more than 50% off their all-time highs.
Neha Chamaria (Brookfield Renewable): Shares of Brookfield Renewable disappointed in 2023, generating barely a quarter of the S 500's return in the year as investors grew wary of the company's growth prospects amid rising interest rates. The renewable energy stock's been knocked almost 54% off its all-time highs now. That may sound scary, but for anyone looking for a value pick that also offers dividend growth, Brookfield Renewable stock is a great choice.
Source Fool.com
Brookfield Corp. Aktie
Einige Buy-Einschätzungen bei Brookfield Corp. überwiegen die Sell-Einschätzungen leicht.
Dadurch ergibt sich bei einem Kursziel von 42 € ein leicht positives Potenzial von 1.69% im Vergleich zum aktuellen Kurs von 41.3 € bei Brookfield Corp..
