Is Brookfield Infrastructure Stock a Buy?

Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC) has an outstanding track record of enriching investors. From its inception in 2008 through the end of last year, Brookfield generated an annualized total return of 18%. That's outpaced the S&P 500 by a wide margin as the index has produced a roughly 10% annualized total return during that timeframe.

However, Brookfield has recently slipped from its market-beating ways. While it delivered a strong total return of 15% in 2020, that was slightly lower than the S&P 500's 18% total return. Meanwhile, its total return so far this year is around 2.5%, about half that of the S&P 500, following a 6.5% share-price decline from its peak in February. That recent weakness begs the question of whether Brookfield Infrastructure is a good buy right now or if its market-beating days are in the rearview mirror.

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Source Fool.com