Should Value Investors Buy Clearway Energy (CWENA) Stock?
One stock to keep an eye on is Clearway Energy (CWENA). CWENA is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 17.65. This compares to its industry's average Forward P/E of 22.22. Over the last 12 months, CWENA's Forward P/E has been as high as 38.45 and as low as 16.04, with a median of 17.87. Value investors will likely look at more than just these metrics, but the above data helps show that Clearway Energy is likely undervalued currently. And when co ...