Reported 1 day ago
Brookfield Infrastructure Partners L.P. (BIP) is highlighted as a notable investment among high growth utility stocks, boasting a 27.38% average revenue growth over five years and a solid history of dividend increases. As utilities adapt to growing demand for clean energy, BIP has implemented strategic moves, such as divesting its stake in the Natural Gas Pipeline Company and planning to acquire Colonial Enterprises, further positioning itself in the evolving market. Despite challenges in the sector, analysts maintain a positive outlook on BIP's potential for growth.
Source: YAHOO