3 Energy Stocks That Could Make You Richer in 2024 and Beyond
The energy market is undergoing a multi-decade transition to cleaner energy. This megatrend should power growth for companies investing in clean energy in the years ahead.
Enbridge (NYSE: ENB), Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), and NextEra Energy Partners (NYSE: NEP) stand out to a few Fool.com contributors for their investments in cleaner energy. It drives their belief that these energy stocks can make their investors richer in the coming year and beyond.
Reuben Gregg Brewer (Enbridge): Canadian midstream giant Enbridge is a bit of an odd duck. While it owns energy infrastructure in both the oil and natural gas spaces, it also owns a natural gas utility and clean energy assets. The big picture is that the company is transitioning its energy business along with the world's shift toward renewable power. But there's a nuance here, because management believes that natural gas will be a key transition fuel.
Source Fool.com
Brookfield Corp. Stock
We see a rather positive sentiment for Brookfield Corp. with 14 Buy predictions and 1 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 10.53% compared to the current price of 38.0 € for Brookfield Corp..
