1 High-Yield Dividend Stock That Wants to Power Up Your Portfolios

Core Viewpoint - Clearway Energy (CWEN) is experiencing strong technical momentum and has reached a new 3-year high, indicating potential for further growth in the renewable energy sector [7][8]. Company Overview - Clearway Energy is valued at $7.93 billion and operates in renewable and conventional energy generation, including natural gas, solar, and wind projects [1]. - The company serves a diverse clientele, including commercial businesses, universities, hospitals, and government entities [1]. Technical Performance - CWEN shares have increased by over 50% in the past year and are currently trading at $39.10, with a 50-day moving average of $34.60 [7][8]. - The stock has achieved a 3-year high of $39.62 on February 11 [5]. - The stock has gained 22.81% over the past month and has a Relative Strength Index (RSI) of 72.45, indicating strong momentum [8]. Investment Indicators - Clearway Energy has a Weighted Alpha of +52.10 and a trailing price-earnings ratio of 16.7x [8]. - The company maintains a 100% "Buy" opinion from Barchart, supported by a Trend Seeker "Buy" signal [8]. - CWEN offers a dividend yield of 4.6%, making it an attractive option for income-focused investors [7][9].