By Staff
Three conservation groups plan to sue Brookfield Renewable Partners for what the groups say are repeated violations of the federal Endangered Species Act, the latest salvo over Brookfield s dams on the Kennebec River.
Four dams owned by Brookfield (NYSE: BEP) between Waterville and Skowhegan threaten the survival of Atlantic salmon, according to the notice of intent to sue filed by the Conservation Law Foundation, Maine Rivers and the Natural Resources Council of Maine. Brookfield’s authorization to take Atlantic salmon trying to pass upstream and downstream through the dams expired in 2019, and since that time the company has continued to kill fish, in clear violation of the ESA, the groups said in a news release.
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Many growth investors are hurting right now. Stocks that were flying high in 2020 have fallen 20% to 40% this year. This has led to many retail investors wondering if it’s time to cut losses. I strongly believe that one of the worst things you can do is sell out of a position because it’s gone down. It’s important that investors look at the big picture and assess whether the business matches the stock price. In this article, I will discuss three stocks where investors could buy the dip and be rewarded down the road.
This company’s growth rate is amazing
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Investing is tough. When stocks are going up, it seems like investors can do no wrong. However, when stocks keep falling, it can be very difficult to maintain composure. One of the best things an investor can do for their financial freedom is to remain calm and do nothing. You will be exposed to many bull
and bear markets throughout your life. In this article, I will discuss two companies that I would be looking to buy and one I still believe would be a strong sell.
This stock has had a difficult year
When stocks rise more than 100% over a year or two, it may be time to ease off the gas pedal. Institutional investors are very likely to lock in some gains at that point, sending the stock plummeting. This may be the case with
Brookfield Renewable Partners Needs to Develop a New Bottom Let s watch and wait. Stocks quotes in this article: BEP
During Thursday s Lightning Round segment of
Mad Money,a caller quizzed Jim Cramer about Brookfield Renewable Partners (BEP) : If you want to be in that, I ll bless it. But that s not an area I m interested in, said Cramer about this company that owns a portfolio of renewable power generating facilities.
Let s check out the charts to see which way the wind is blowing and the sun shining.
In this daily bar chart of BEP, below, we can see that prices made a small double top pattern in January and then declined into early March. A bounce developed but it fizzled and prices have sunk to a new low for the move down this month. Prices are below the declining 50-day moving average line and below the cresting 200-day line. The 50-day is close to a bearish dead or death cross which would happen when the 50-day line crosses below the
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The stock market is trading near its all-time highs, but many growth stocks have sold off meaningfully. It’s a growth investor’s dream come true!
Growth stocks have outperformed over the last 10 years. Some also did exceptionally well through the pandemic last year, resulting in profit taking occurring across the board as investors reallocate capital into value stocks.
Since growth stocks can deliver outsized price appreciation in the long run, it makes sense to consider buying them on corrections like these.
Here are some growth stocks that could deliver incredible upside for years to come.