Brookfield Renewable Partners (BEP.UN.TO)

BEP.UN vs. AQN Likes AQN. Leveraged to renewable infrastructure build in the US. Very steady utility business. AQN is a better choice than BEP.UN at this time, based simply on valuations.

He likes the space. Institutional investors will look more at this space over the next few years because they have to. He would prefer AQN-T, then NPI-T because the valuation is not so high. BEP.UN-T is the best of the Brookfield group, however.

A Biden win would be positive for green energy. Renewable producers have already run up. Don't chase. Opportunity to buy when there's a pullback. She owns BEP.UN and AQN. Long-term value. AQN you could start adding right here. Wait on BEP.UN.

Wants a clean energy stock Brookfield Renewable in the largest player in the sector and the most international. Are you a growth or value investor? He'd rotate more into value now. Looking ahead 20 years, renewables will be a strong growth area. With BEP, you're paying 18-20x operating cash flow vs. oil stocks are 5-10x. You're paying a lot more now for future growth, but that's fine. The renewables are a good investment as a whole to hold for a long time. Others like Algonquin Power are also good.

Billy Kawasaki’s Insights - Picks from 5i Research. The fund is expected to show 75% earnings growth next year. The interest in renewable energy is expected to stay high. This should result in further valuation gains. Unlock Premium - Try 5i Free

BEP.UN vs. BAM They always defer to the parent, BAM, as with it you get a fully diversified portfolio. All the subsidiaries pay management fees up to the parent. Though BAM's price is under pressure, he'd add to it.

They own Brookfield Infrastructure. The infrastructure stock has better valuation than the renewable energy fund. Brookfield renewable also faces too much money going into the sector.

He sold some banks to buy renewables like this in June. BEP pays over 4% dividend yield. It's risen $10 since he bought it in June. He expects market volatility in the fall, which is the time to enter this. Brookfield has built an unrivalled global franchise, yet is Canadian-domiciled so you enjoy the tax advantages. He also owns BIP, and both Brookfield stocks are core positions.