10 High Growth Utility Stocks To Invest In

5. Brookfield Infrastructure Partners (NYSE:BIP)  

5-Year Revenue CAGR: 27.49%  

No of Hedge Fund Investors: 14  

Brookfield Infrastructure Partners (NYSE:BIP) is a leading global infrastructure company that owns and operates critical infrastructure in the utilities, transportation, and energy sectors. The company’s diverse portfolio spans several continents.

The macro environment is changing due to the Federal Reserve’s move to lower interest rates, declining interest rates will also make investors more attracted to income stocks such as Brookfield Infrastructure Partners (NYSE:BIP). The company’s assets, such as pipelines, electrical grid infrastructure, and transportation assets, are part of the broad alternative asset investment universe and will become more attractive on a relative basis.

Brookfield Infrastructure Partners’ (NYSE:BIP) operational performance is highly important, and the company has reported a 10% increase in FFO driven by growth in its transport segment. The company’s FFO growth rate is attractive, and the fact that the most important segment is showing an above-average growth rate is positive.

The growth potential for Brookfield Infrastructure Partners (NYSE:BIP) is significant, driven by the increasing demand for alternative assets and income stocks. The company’s strong operational performance and attractive valuation suggest that it is well-placed to benefit from the current macro environment. The company’s earnings are expected to surge by 90.20% in the current year. Industry analysts have reached a consensus on the stock’s Buy rating, with an average target price of $38.64 that suggests a 12.66% upside potential from its current levels.