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Two renewable energy stocks that have managed to generate outsized returns for investors over the long term are NextEra Energy (NEE) and Brookfield Renewable Partners (BEP). Both these stocks have trailed the market this year, however. While NextEra is down 10.4% this year, Brookfield Renewables has lost close to 20% in 2021.
So, let’s take a detailed look at these two companies’ business models to ascertain which is a better contrarian bet currently.
