I'm a married 30 year old. Fully funding all our necessary accounts. I have about 10k or so in a taxable brokerage account that I am trying to spread around into things that interest me and are also good "hold forever" kind of stocks. I already have good diversification and dividend picks in ITOT (total US etf), JNJ, T, CMCSA, and SO. I did some more digging and came upon BEP (Brookfield Renewable Partners).
I was wondering if this is a good stock to buy and hold forever.
The things I like: - the industry is stable and will probably grow massively by the time I retire - solid financials (good and growing cash flow) - the dividend is already pretty high at around 5% and seems pretty reliable
The questionables: - fairly new company when compared to the bigger dividend names - somewhat inconsistent EPS (seems the norm in renewables)
Anyone on here holding this stock or have looked into it and walked away? Any thoughts are greatly appreciated.
Submitted July 08, 2018 at 04:09PM by clash_jeremy https://ift.tt/2zlY1B9
