Safe Dividend Stock Pops 5% in 5 Days Thanks to Analyst Dislike
June 07, 2023 at 05:00 AM EDT
Thoughtful reader Terry K. asks for my favorite utility dividend— specifically why I prefer NextEra Energy Partners (NEP) to Clearway Energy (CWEN) : Would like your thoughts on CWEN vs. NEP. I’ve looked at both and based on numbers CWEN looks to be the better option. It has just raised its dividend. Plus, it is better liked by other analysts. Analyst ratings are a wonderful contrarian indicator. Thank you for writing in; I bet many of our fellow contrarians are asking the same thing! This is a great opportunity for all of us because it has been too long since we have lauded buying dividends that analysts dislike .… Read more