In the closing of the recent trading day, Clearway Energy (CWEN) stood at $26.58, denoting a +1.03% change from the preceding trading day.
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Investors with an interest in Alternative Energy - Other stocks have likely encountered both Clearway Energy (CWEN) and Ormat Technologies (ORA). But which of these two stocks presents investors with the better value opportunity right now?
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The Federal Reserve's slower-than-expected rate cuts led to a market sell-off, hitting high-yield stocks hard, but also creating buying opportunities. However, not all high-yielding dividend growth stocks that have pulled back in price are buys right now. I share one to avoid and two to buy.
Clearway Energy (CWEN) reported earnings 30 days ago. What's next for the stock?
Clearway Energy (CWEN 3.21%) (CWEN.A 3.44%) offers investors a high-yielding dividend currently approaching 6%. That's multiples higher than the S&P 500 's (^GSPC 0.57%) dividend yield, which is near a 20-year low at around 1.2%.
CWEN announces a binding agreement to acquire the operational Tuolumne Wind Project from Turlock Irrigation District.
Got $5,000? These 5 High-Yield Dividend Stocks Could Turn It Into More than $330 of Annual Passive Income.
Clearway Energy presents an attractive way to profit from U.S. renewable energy growth. It's well-capitalized without the need to issue equity through 2027 and has a strong pipeline of projects. CWEN and CWEN.A are both attractively valued, with the latter sporting a higher dividend yield, setting up the potential for market-beating returns.
Clearway Energy, Inc. (NYSE:CWEN ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Akil Marsh - Investor Relations Craig Cornelius - President & Chief Executive Officer Sarah Rubenstein - Chief Financial Officer Conference Call Participants Noah Kaye - Oppenheimer & Co. Julien Dumoulin-Smith - Jefferies Steve Fleishman - Wolfe Research Justin Clare - ROTH Capital Partners Michael Lonegan - Evercore ISI Angie Storozynski - Seaport Mark Jarvi - CIBC Operator Hello and welcome to Clearway Energy, Inc. Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.