What is BEP doing

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Just looking for some insight here on BEP-UN.TO. I’ve been in for several months in high 50s, it jumped up to 60s+, then has been coming down for the past 3 months. Any thoughts or insight into this one?

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Asked on May 3, 2021 9:43 am
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Hey there. I actually just responded to a very similar question as well.

It's just the renewable industry. It ran up a little too fast, and now it's correcting. I've attached a chart that will show you that BEP is not the only victim.

During this growth selloff, I've reiterated our stance of having the mentality of "15 years, not 15 days." It's even more important to approach investing with this type of attitude when your stocks are correcting.

Long term, we feel Brookfield Renewables is the best in class renewable energy producer on the planet. It's also currently the largest. It's exactly why it is one of our Foundational Stocks here at Premium.

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Posted by Dan Kent
Answered on May 3, 2021 2:22 pm