Prediction: 3 Stocks That Could Trounce the Market

The S 500 is having a bounce-back year. The broader market index is up about 19% in 2023, and many stocks have rallied even more.

However, not all stocks are experiencing a bounce-back year. NextEra Energy Partners (NYSE: NEP), Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), and Devon Energy (NYSE: DVN) have significantly underperformed the market. I expect that trend will reverse. Here's why I believe they could trounce the market in 2024 and beyond.

NextEra Energy Partners has gotten crushed this year. Shares of the clean energy infrastructure company have lost roughly two-thirds of their value. The main weight has been the impact of rising interest rates on its ability to refinance existing funding and make new investments.

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Source Fool.com