Clearway Energy
CWEN (NYSE)
Clearway Energy (CWEN) operates approximately 6,000 net MW of wind and solar projects across the U.S., showcasing significant growth potential. With a current dividend yield of 5.02% and a one-year return of 32.31%, CWEN is an attractive choice for investors looking for stable income from a financially healthy company. Analysts rate the stock as a B+, with a 12-month price target range of $34.00 to $50.00, indicating optimism about its future performance.
Pros:
- Stable dividend income
- Growth potential in renewable energy
Cons:
- Weather-driven output variability
- Interest rate sensitivity
Clearway Energy (CWEN) may be suitable for income-focused investors seeking exposure to renewable energy, given its attractive dividend yield of 5.02% and recent strong performance. However, potential investors should consider the company's mixed long-term returns and assess their risk tolerance before adding it to their portfolios.
