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Is Brookfield Renewable Partners Stock a Buy?

Is Brookfield Renewable Partners Stock a Buy?

Shares of Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) have been scorching hot in 2020, surging a market-crushing 70%. Brookfield Renewable has done a fantastic job creating value for its investors over the years. Given the rapid shift toward renewable energy and the steep decline in costs, Brookfield estimates it can grow its funds from operatoipns (FFO) per share at a 10% to 16% annual rate through 2025.