CWENA vs. TRP: Which Stock Is the Better Value Option?

Core Viewpoint - Investors in the Alternative Energy sector should consider Clearway Energy (CWENA) and TC Energy (TRP) for potential value opportunities [1] Group 1: Company Rankings and Earnings Outlook - Clearway Energy has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while TC Energy has a Zacks Rank of 3 (Hold) [3] - The Zacks Rank system emphasizes companies with positive earnings estimate revisions, suggesting CWENA is likely experiencing a more favorable earnings outlook [3] Group 2: Valuation Metrics - CWENA has a forward P/E ratio of 16.86, compared to TRP's forward P/E of 17.96 [5] - CWENA's PEG ratio is 0.42, indicating a better valuation relative to its expected earnings growth, while TRP's PEG ratio is significantly higher at 4.49 [5] - CWENA's P/B ratio is 0.89, which is lower than TRP's P/B of 1.70, suggesting CWENA is undervalued compared to its book value [6] Group 3: Overall Value Assessment - Based on the valuation metrics, CWENA holds a Value grade of A, while TRP has a Value grade of C, indicating that CWENA is the superior value option at this time [6][7]