BEPI have been waiting tirelessly for something tasty to present itself on solar stocks for months and we finally have what looks like accumulation occurring at the .886-.786 level.
I present to you BEP - a globally diversified portfolio of high-quality renewable power assets.
Given Trump's victory, the increasing focus on AI's growing resource demands, the future power needs, and the sustainability of current energy production methods—along with the prolonged bear market—it seems that renewables are uniquely positioned to benefit from the rising power demands ahead.
Possibly more downside to come but I feel this is a good level to start averaging in a nice 1-4 year long position.
BEP.PR.R trade ideas
Imminent breakout? Swing trade potential Brookfield looks like it may have bottomed, held support very well at $25 and is about to break this descending channel to the upside. It’s reached the value area high of the local range and about to break out of this consolidation area, to the upside. I’d like to see it break out of the wedge as confirmation.
What else can Brookfield offer for a longer term investor?
Brookfield’s dividend is stable and attractive, particularly in an interest rate-cutting cycle. As bond yields fall, dividend stocks become more appealing, and Brookfield’s diversified cash flows from long-term contracts in infrastructure, real estate, and energy provide the security needed to sustain or even grow dividends.
Strong Moat - Brookfield has a well-established moat due to its global portfolio of infrastructure, real estate, renewable energy, and private equity assets. This diversity across sectors and geographies creates resilience in different market environments. Additionally, Brookfield's expertise in managing and operating these assets, along with its ability to attract significant institutional capital, gives it a competitive edge that is hard for competitors to replicate.
Business Cycle Positioning - Brookfield is well-positioned in the current business cycle, especially with a potential for lower interest rates. As central banks cut rates, the cost of financing large infrastructure and real estate projects typically decreases, which can boost Brookfield's profitability. Moreover, their focus on long-term, stable investments in essential services like infrastructure and renewable energy makes them more resilient during economic downturns, while still offering growth potential in upturns.
BEP - Inverted H&S IdeaPrice is clearly on this daily timeframe within a down channel
I am suggesting that price establishes a support along the lower line with an inverted H&S structure
This will push price back up into the down channel or even breaking the channel
Bars pattern in green shows my thoughts
BEP - Nice dividend and turnaround play- Largest pure play energy stock I can find.
- Has assets in 4 continents and $59 billion in power assets.
Revenue generated today by power source
50% Hydro
24% Wind
15% Solar
11% Energy transition
Brookfield wishes to diversify away from Hydro and tap into other resources
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Dividend yield (3.124%)
Has been able to grow their dividend at a 6% compounded annual growth rate since the year 2000 to 2021.
"Well positioned to continue growing our distribution by 5-9% annually and deliver 12-15% total returns to unit holder over the long term." (Brookfield)
*Personal notes: I am not a dividend investor. It is not what I seek in general, rather I am looking for opportunity to generate capital gains. However, in an environment such as this one, where investments are risky with turbulent markets expected through 2022. I am looking for turnaround opportunities with potential to generate capital gains, and the dividend is the 'icing on the cake' so to speak.
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Annual revenue growth has been consistent since 2010.
4x since 2010.
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JP Morgan
In 2020 only about 5% of total electricity comes from renewable energy.
This is projected to grow to 60% by 2050, which is higher overall than oil ever was at its peak.
BEP has projects to increase wind power and renewable energy production planned out over a 50 year period.
The growth over 50 years will be phenomenal and BEP is set to capitalize on such growth.
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Valuations:
Looking at price to FFO
0.42 x 4 (annualized figure)
1.68 annual FFO
currently trading at 32.44
32.44/1.68 = 19.30
Price to FFO is just about reasonable valuation at this level. But the dividend and growth potential is exciting.
Analyst price projection at 41.88 as it stands
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I don't have any trade execution strategy at this point. I just think, whereas the opportunity to purchase more, at cheaper exists, its likely to produce a good outcome, I am excited to see what this does over a few years.
An accelerated return to average analyst rating or previous high would certainly get me out of the stock. Otherwise, perhaps its a good long holding.
BEP Broke the parallel channel, heading to nearest supportChart explains it all. BEP broke the upward parallel channel and is now heading towards its nearest support around 34 $
Disclaimer: This is not a financial advice. Just my technical analysis for educational purposes. I do not hold any positions in the stock discussed above.
BEP Swing Trade Entry/ Profit/Stop Loss zones
This is a long stock purchase idea for a quick profit on $BEP, this is a company that I have some shares in at a good price, and I'm looking to add more at pullbacks. This interested me because the setup has the potential to purchase a lot and sell half for a quick profit and leave the others to run with my other long term shares.
In this setup I am utilizing 4 moving averages, the two thinner lines are EMA 21/50 and the 2 thicker lines are SMA 100/200 (those also change color from red to green depending on if they are trending positive or negative)
The lower panel indicators are the OBV (purple) and CMF (green)
This shows that the money flowing into the company (CMF) has potentially come to a bottom in the short term; after our ATH
yet the OBV shows us that the number of shares being held overall has only increased since the highs in March / April
The Moving Averages are showing strong support from the SMA pair but the EMA pair show signs of a pullback, showing the longer-term trend (black support/resistance channel) has not yet been broken.
The two thin black dotted lines show support and resistance zones from the ATH and what I consider to be a legitimate midterm support level
Once again this is a sketch for my own personal usage and risk tolerances/objectives and is in no way financial advice
Please give me any feedback or glaring concerns with the idea here that I may have overlooked, thanks and good luck to all
How is the planet doing BEP?Not very well, I am afraid. Nevertheless, as an idealist and an optimist I would like to save the world one share at a time. The renewable energy and EV stocks are mostly very expensive at the moment. However, this $BEP (or $BEPC if you wish) is almost reasonably priced.
In addition, there seems to be clearly distinguishable hidden bullish divergence on both RSI and Stoch suggesting that the bullish momentum could continue. I certainly hope so as I bought some shares today.
Trade well and take care!
Cheers, Whoop
Cup and HandleBrookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. The company generates electricity through hydroelectric, wind, solar, cogeneration, and biomass sources. Its portfolio consists of approximately 19,000 megawatts of installed capacity. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. Brookfield Renewable Partners L.P. was founded in 1999 and is headquartered in Hamilton, Bermuda.
Up quite a bit in recent weeks
Short interest is low on this one/I had also posted HASI with a Market cap of 3.75 billion and the market cap for this one is 18.18 billion which may be why the short interest is higher on HASI. These are both in the same sector.
Monthly candle indicates a possible pull back soon and weekly is a doji
Strong S at 52ish
No rising wedges in the yearly chart
Uptrend for sure
Over 3% yield
NV and OBV are high showing large player interest
Just an observation
Brookfield Renewable Partners recovering from shock, new uptrendThe price of Brookfield Renewable Partners gained a lot of upward momentum before crashing down due to corona. Now that it's recovering, I believe that another rally is coming. The 50 SMA has in the past worked as a reliable support and will likely assume this role again. It is just about to cross over the 100 SMA, the RSI is far away from being oversold and the MACD looks like it's going to cross over the 9 EMA very soon. This would make for a solid long-setup.
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
$BEP:NYSE - BROOKFIELD RENEWABLE PARTNERS - Up 85% over 1 yearBEP is a longer term buy and hold for me that I like with its push into the renewable energy segment. $16B market cap and $1.9B EBITDA its a whale of a company that can hopefully carve out a leadership position in this space. Nice and steady trending stock. Could be worth a look.
Brookfield Renewable Partners LP engages in owning a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China.. It operates through following segments: Hydroelectric; Wind; Solar; Storage and Other; and Corporate. The company was founded on June 27, 2011 and is headquartered in Hamilton, Bermuda.