Latest news with #BrookfieldRenewablePartners
Globe and Mail
09-06-2025
- Business
- Globe and Mail
Here's Why Cameco Shares Surged Today
Shares in uranium fuel and nuclear energy services company Cameco (NYSE: CCJ) were up 11.7% by 11 a.m. ET today. The move comes as the market digests the news that Westinghouse Electric's adjusted earnings before interest, taxation, depreciation, and amortization (EBITDA) will be higher than previously expected in 2025. That matters to Cameco investors because their company owns 49% of Westinghouse, with the rest owned by Brookfield Renewable Partners (NYSE: BEP), which also rose sharply today. Cameco expects its share of the increase in adjusted EBITDA expectations to be $170 million. "This expected increase will be taken into consideration in determining the 2025 distribution payable by Westinghouse to Cameco," according to the press release. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The increase is related to two nuclear reactors at a power plant in Central Europe. The good news doesn't stop there, because Cameco expects Westinghouse to also benefit from providing fuel services to the plant. A brighter outlook The $170 million figure is notable for a company that reported approximately $1.1 billion in adjusted EBITDA for 2024. It's also important because it further confirms the improving momentum behind investment in nuclear energy as a solution to the challenge of obtaining a reliable source of energy while meeting net-zero emissions targets. As Cameco notes, Westinghouse's expected EBITDA growth over the next five years is 6%-10%. Meanwhile, Cameco's core uranium fuel and nuclear power products and services businesses are set to grow sales at a similar rate. All of this adds up to an exciting growth outlook for an industry that was written off far too easily in the past. Should you invest $1,000 in Cameco right now? Before you buy stock in Cameco, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Cameco wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor 's total average return is792% — a market-crushing outperformance compared to173%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Yahoo
09-06-2025
- Business
- Yahoo
Here's Why Cameco Shares Surged Today
Cameco investors received news of higher-than-expected earnings from a company in which it owns a 49% stake in a recent update. The nuclear industry's momentum continues to build as it offers a carbon-free way to secure reliable power. 10 stocks we like better than Cameco › Shares in uranium fuel and nuclear energy services company Cameco (NYSE: CCJ) were up 11.7% by 11 a.m. ET today. The move comes as the market digests the news that Westinghouse Electric's adjusted earnings before interest, taxation, depreciation, and amortization (EBITDA) will be higher than previously expected in 2025. That matters to Cameco investors because their company owns 49% of Westinghouse, with the rest owned by Brookfield Renewable Partners (NYSE: BEP), which also rose sharply today. Cameco expects its share of the increase in adjusted EBITDA expectations to be $170 million. "This expected increase will be taken into consideration in determining the 2025 distribution payable by Westinghouse to Cameco," according to the press release. The increase is related to two nuclear reactors at a power plant in Central Europe. The good news doesn't stop there, because Cameco expects Westinghouse to also benefit from providing fuel services to the plant. The $170 million figure is notable for a company that reported approximately $1.1 billion in adjusted EBITDA for 2024. It's also important because it further confirms the improving momentum behind investment in nuclear energy as a solution to the challenge of obtaining a reliable source of energy while meeting net-zero emissions targets. As Cameco notes, Westinghouse's expected EBITDA growth over the next five years is 6%-10%. Meanwhile, Cameco's core uranium fuel and nuclear power products and services businesses are set to grow sales at a similar rate. All of this adds up to an exciting growth outlook for an industry that was written off far too easily in the past. Before you buy stock in Cameco, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Cameco wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool recommends Brookfield Renewable Partners and Cameco. The Motley Fool has a disclosure policy. Here's Why Cameco Shares Surged Today was originally published by The Motley Fool Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Yahoo
08-06-2025
- Business
- Yahoo
There's Absolutely Massive Demand Growth Ahead for This Well-Positioned High-Yield Stock
Wind power is expected to expand by 5x over the next 20 years or so. Solar power is projected to increase by 7x. With so much opportunity, this 6.2%-yielding investment has a long growth runway ahead. 10 stocks we like better than Brookfield Renewable Partners › The world is in the middle of an energy transition. It isn't the first time it has gone through a transition, so there's a rough roadmap when it comes to understanding what comes next. The big picture is that energy transitions take decades to play out. That's why dividend investors should be looking closely at this clean energy-focused investment and its major yield. The modern world doesn't exist without reliable power. That's the core factor to consider here as you examine the energy landscape that exists today and what that landscape may look like tomorrow. Since power isn't optional, the big-picture shift away from dirtier carbon fuels toward cleaner ones that is taking place today simply can't happen overnight. It has to be a slow and steady transition. In fact, even some of the oldest energy sources haven't been eliminated, even though they have been usurped by newer energy sources. For example, burning wood is still a frequently used power option. While coal use has been falling in the United States, usually being replaced by cleaner-burning natural gas, coal is still a huge force in the world. That brings the story to solar, wind, and energy storage. These sources of power are growing rapidly and will likely continue to do so for many years. In the United States alone, wind power is projected to increase 5x over by 2050. Solar is expected to increase by 7x. And battery storage, which is very small today, is projected to grow so much that the numbers aren't meaningful. The big takeaway is that there's likely to be huge growth ahead for clean energy investments. One of the best ways to take advantage of that growth is Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) and its lofty yield of up to 6.2%. Brookfield Renewable is controlled by Brookfield Asset Management (NYSE: BAM). Brookfield Asset Management has a 100-year-plus history of successfully buying, operating, and selling infrastructure assets on a global scale. This is actually an important fact to keep in mind because Brookfield Renewable is not operated like a utility. It's operated more like a private equity shop, buying, operating, and selling assets over time. Brookfield Renewable's portfolio spans the entire clean energy spectrum. It owns hydroelectric, solar, wind, battery, and even nuclear power businesses. Those businesses are spread across North America, South America, Europe, and Asia. Given the multi-decade growth opportunity ahead, Brookfield Renewable is likely to see material growth in its business, and it can play wherever clean energy growth is offering the most attractive investment opportunities. There are two ways to buy Brookfield Renewable. The most attractive, yield-wise, is a partnership share class, which is the one with the 6.2% yield. But for investors who prefer to avoid partnerships, there is also a corporate share class that has a dividend yield of around 5%. The only difference between the two share classes is demand, with many large institutional investors barred from owning partnerships. Small investors will probably prefer the higher-yielding partnership, which is structured so that it doesn't run afoul of the rules for tax-advantaged retirement accounts. Brookfield Renewable has been a poor performer on Wall Street as excitement over clean energy has waned. With a pullback on government support in the U.S. market, it would seem like now is a bad time to invest in clean energy. But Brookfield Renewable doesn't expect the U.S. government's pullback to affect it much, if at all. It generally works with companies under long-term contracts, and companies around the world remain committed to shifting toward clean energy. Moreover, the backing of Brookfield Asset Management means there are still some very deep pockets backing Brookfield Renewable as it looks to grow. Since Brookfield Asset Management's goal is to roughly double its investment in clean energy over the next five years, it seems highly likely that Brookfield Renewable will grow right along with its parent. If you are looking for a high-yielding investment today, clean energy-focused Brookfield Renewable should be on your short list. Before you buy stock in Brookfield Renewable Partners, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Brookfield Renewable Partners wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Reuben Gregg Brewer has positions in Brookfield Renewable Partners. The Motley Fool recommends Brookfield Asset Management, Brookfield Renewable, and Brookfield Renewable Partners. The Motley Fool has a disclosure policy. There's Absolutely Massive Demand Growth Ahead for This Well-Positioned High-Yield Stock was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
31-05-2025
- Business
- Globe and Mail
The Smartest High-Yield Stocks to Buy With $100 Right Now
You can buy some smart high-yield investments with as little as $100 if you take your time and act selectively. Right now, United Parcel Service (NYSE: UPS), Brookfield Renewable Partners (NYSE: BEP), and Enterprise Products Partners (NYSE: EPD) all have 6% yields or higher, and share prices that are below $100. Here's a look at why each one might be a good fit for your portfolio right now. 1. United Parcel Service is a turnaround story United Parcel Service (or UPS) is one of the largest package delivery services in the world. During the coronavirus pandemic, investors bid up its shares because they extrapolated demand from people staying at home too far into the future. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » When the world opened back up, UPS fell short of Wall Street's lofty expectations. At that point, the company started to revamp its business, focusing on cost-cutting and increasing margins. When it finally looked like UPS had hit an inflection point, the company announced it was voluntarily reducing the business it was doing with Amazon, its largest customer. And shortly thereafter, the tariff upheaval started. The stock remains in Wall Street's doghouse even though it is making progress on its turnaround. In fact, the move away from Amazon is really a sign of strength, not weakness. UPS is basically trying to move away from a high-volume, low-margin customer. The 6.7% dividend yield is a sign that investors are worried about the future. But if you don't mind owning a turnaround stock, UPS looks like it has its business trending in the right direction again, even if the rebound is still a few years away. The lofty yield is good compensation for waiting. 2. Brookfield Renewable Partners has a growth runway Brookfield Renewable Partners owns a portfolio of renewable energy assets, including in the hydroelectric, solar, wind, battery, and nuclear categories. Its portfolio is spread across the globe, with operations in North America, South America, Europe, and Asia. It is as close to a one-stop shop in the renewable power sector as you can find on Wall Street. And it has a lofty 6.5% distribution yield. Part of the reason Brookfield's yield is so high is that investors have lost interest in clean energy stocks. That's an opportunity for those who think long term. In the U.S. market, wind, solar, and storage generation are expected to increase by 300% between 2020 and 2050, according to the National Electrical Manufacturers Association. That's all part of a massive increase in the demand for electricity that is taking place, with demand growth over the next 20 years expected to be six times larger than over the last 20 years. This is a global phenomenon, and Brookfield Renewable Partners is well-positioned to benefit all along the way. Meanwhile, you can collect a huge yield while the slow and steady shift from dirtier carbon energy sources toward cleaner alternatives plays out. 3. Enterprise Products Partners is an income tortoise Two things beyond the lofty 6.8% yield make this master limited partnership (MLP) stand out. The first is the more important one because it is the business behind the yield. Enterprise Products Partners owns midstream energy assets, like pipelines, that help to move oil and natural gas around the world. It charges fees for the use of these assets so it generates reliable cash flows through the entire energy business cycle. Add in an investment-grade balance sheet and distribution coverage by a 1.7 multiple in 2024, and this is a rock-solid income stock. A lot would have to go wrong for a distribution cut to be on the table. In fact, given the $7.6 billion capital investment plan in the works, it is far more likely that investors will see more distribution increases in the future. And that brings up the second reason to like Enterprise: It has increased its distribution annually for 26 consecutive years and counting. This midstream business is boring and reliable, and that's exactly why you'll likely find it to be a smart high-yield investment to add to your portfolio right now. Three high-yield options for your portfolio There is more than one way to add a high yield to your dividend portfolio. UPS is a turnaround story. Brookfield Renewable Partners is an option with a strong growth story behind it. And Enterprise is a boring high-yield business that even the most conservative of income investors could easily love. Should you invest $1,000 in United Parcel Service right now? Before you buy stock in United Parcel Service, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and United Parcel Service wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,985!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $853,108!* Now, it's worth noting Stock Advisor 's total average return is978% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Reuben Gregg Brewer has positions in Brookfield Renewable Partners. The Motley Fool has positions in and recommends Amazon. The Motley Fool recommends Brookfield Renewable Partners, Enterprise Products Partners, and United Parcel Service. The Motley Fool has a disclosure policy.
The Market Online
16-05-2025
- Business
- The Market Online
Post-election outlook: Canadian companies set for growth under PM Carney's cabinet
With the swearing-in of Prime Minister Mark Carney's new cabinet following the 2025 federal election, Canada is entering a new phase of economic strategy and policy direction. Carney, a former central banker, has emphasized rebuilding a weakened economy, diversifying trade away from the U.S., and investing in housing and innovation. These shifts are expected to create opportunities across several sectors, particularly for companies aligned with the government's priorities. 1. Brookfield Renewable Partners (TSX:BEP, Forum) As Canada pivots toward energy diversification and green infrastructure, Brookfield Renewable stands to benefit. The Carney government has reaffirmed its commitment to clean energy, even as it eliminates the federal consumer carbon tax. Brookfield's global portfolio of hydroelectric, wind, and solar assets positions it well to attract both public and private investment in the transition to sustainable energy. 2. Shopify Inc. (TSX:SHOP, Forum) With a renewed focus on innovation and digital trade, Shopify could see tailwinds from policies aimed at boosting Canadian tech competitiveness. Carney's cabinet includes ministers tasked with expanding trade ties with Europe and Asia, which could open new markets for Canadian e-commerce platforms. The government's decision not to increase the capital gains inclusion rate can also serve as a relief for tech investors and founders. 3. Stella-Jones Inc. (TSX:SJ, Forum) Stella-Jones, a key supplier of pressure-treated wood products for infrastructure and construction, is well-positioned to benefit from the 'Build Canada Homes' initiative. The government has pledged over C$25 billion in financing for modular and prefabricated housing, alongside GST relief for first-time homebuyers. This could significantly boost demand for construction materials and related services. Small-cap stocks often respond more dramatically to fiscal policy changes due to their agility and domestic focus. Under Carney's leadership, several policy shifts could create a favourable environment for these companies: Housing and infrastructure spending : Smaller construction firms and suppliers could see increased contract opportunities from government-backed housing projects. : Smaller construction firms and suppliers could see increased contract opportunities from government-backed housing projects. Tax relief : The reduction of the lowest federal personal income tax rate from 15 per cent to 14 per cent may increase consumer spending, benefiting small-cap retail and service businesses. : The reduction of the lowest federal personal income tax rate from 15 per cent to 14 per cent may increase consumer spending, benefiting small-cap retail and service businesses. Trade diversification: Companies with niche export capabilities to Europe or Asia may gain from new trade agreements and reduced reliance on the U.S. market. Investors should monitor small-cap indices and sector-specific ETFs for early signs of momentum, particularly in construction, clean tech, and digital services. Vote of confidence Mark Carney's cabinet signals a possible pragmatic yet ambitious economic agenda. While large-cap companies like Brookfield and Shopify are poised to benefit from macro-level policy shifts, small-cap stocks could offer outsized returns for investors willing to navigate the evolving landscape. As always, diversification and close monitoring of fiscal developments will be key to capitalizing on this new chapter in Canadian economic policy. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
