What is up with Brookfield renewable ($BEPC)? - just hit all time low

I bought a few shares in my IRA - collect a dividend, feel good about investing in renewables, figure with climate change and subsidies, it can't possibly just go bust. Right? Did I miss an announcement?

I don't understand how a solid conservative hydroelectric company can be worth LESS than it did 3 years ago. P/E is low, as is P/S, P/B - FCF looks solid. There's some debt, but jeez.

You could say buy more, but not until I understand why the chart would reverse direction.

submitted by /u/BillsFan504
[link] [comments] https://www.reddit.com/r/stocks/comments/16bmpoh/what_is_up_with_brookfield_renewable_bepc_just/
Creato 1y | 7 set 2023, 04:20:47


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