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Scotiabank Sees Long-Term Tailwinds Supporting Brookfield Infrastructure Partners L.P. (BIP)

Brookfield Infrastructure Partners L.P. (NYSE:BIP) is included among Dividend Contenders List: Top 20 Stocks.

On January 16, Scotiabank raised its price target on Brookfield Infrastructure Partners L.P. (NYSE:BIP) to $44 from $41 and maintained an Outperform rating. The update came as part of a broader refresh of price targets across the energy infrastructure names under the firm’s coverage.

The bank pointed to supportive industry trends, especially strong power demand and rising LNG exports, which are creating more investment opportunities. Those tailwinds have led Scotiabank to see an upward bias to its long-term estimates for the group.

Brookfield itself expects to grow funds from operations per share by more than 10% a year over the long run. Inflation-linked rate increases, rising volumes tied to global economic growth, ongoing capital projects, and acquisitions are all expected to contribute. The company has also positioned its portfolio to benefit from several large-scale trends, including demand tied to AI-related infrastructure. That backdrop supports its view that FFO per share could grow closer to 14% annually over the medium term.

That level of earnings growth underpins Brookfield’s dividend, which currently yields about 4.9%. Management expects to raise the payout by roughly 5% to 9% per year.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) is a global infrastructure owner and operator with long-life assets spanning utilities, transport, midstream, and data infrastructure across the U.S., Asia Pacific, and Europe.

While we acknowledge the potential of BIP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BIP and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 13 Best Dividend Kings to Buy in 2026 and 14 Best Mid Cap Dividend Aristocrat Stocks to Buy Now

Disclosure: None.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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