Why I Just Bought More of This Brilliant Growth Stock
Growth stocks typically trade at premium values. Investors highly prize growth because companies that increase their earnings at above-average rates have historically created the most value for their shareholders over the long term.
Brookfield Infrastructure Partners (NYSE: BIP) certainly qualifies as a growth stock. The global infrastructure giant has grown its funds from operations (FFO) at a more than 10% annual rate over the last decade. It's in an excellent position to continue growing at a double-digit rate.
Despite that, its unit price has plunged nearly 40% from its 52-week high. That has this brilliant growth stock trading at such a cheap value that I couldn't resist adding to my position.
Source Fool.com
Brookfield Corp. Aktie
38,20 €
-0,26 %
Die Brookfield Corp. Aktie erhält eine Reihe von Buy-Einschätzungen, die die Sell-Zahlen übertreffen.
Das von der Community festgelegte Kursziel von 42 € für Brookfield Corp. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 38.2 € hin.
