Stocks

2 Compelling Energy Stocks Poised for Growth in May

Published May 5, 2024

For investors seeking energetic additions to their portfolios, May might just be the right time to consider two particularly intriguing energy stocks. Amidst a market that continually seeks resilience and growth potential, the renewable energy and energy infrastructure sectors display signs of promise. Two stocks standing out in these arenas are BEP and ENB, both poised for what could be considerable total returns in the years ahead.

An Eye on Renewable Energy: Brookfield Renewable Partners LP BEP

Brookfield Renewable Partners LP BEP, with its global footprint, harnesses the power of nature to generate clean energy. Offering a varied assemblage of renewable generation assets, the company's operational scope blankets robust markets from North America to Asia, including emerging regions like Colombia, Brazil, India, and China. Headquartered in the Atlantic haven of Hamilton, Bermuda, BEP represents a fusion of sustainability and profitability that could electrify investor portfolios.

Building on Energy Infrastructure: Enbridge Inc. ENB

Turning to the backbone of energy transport, Enbridge Inc. ENB emerges as a front-runner in the realm of energy infrastructure. Based out of Calgary, Canada, this company's intricate network of pipelines is integral to the efficient and reliable conveyance of energy across vast distances. There's more than just pipes to ENB's story – their strategic operations underscore a commitment to meeting energy demands while navigating the dynamic landscape of the energy market.

energy, growth, income