Brookfield Renewable Partners: Growing Value Stock That Is Worth Considering After Q1 2024

Justin Paget In March this year, I issued a bullish thesis on Brookfield Renewable Partners L.P. Limited Partnership Units (NYSE:BEP), which, since then, has generated ~13% in total returns, while the S&P 500 is down by ~2%. There were four elements, which raised my interest in BEP and substantiated the decision to turn bullish:  Depressed share price, where starting from the moment, when the Fed initiated its restrictive cycle, BEP had lost more than 40% of its market cap despite the fact that the unde ...