Why I Plan to Pour Another $250 Into This High-Yielding Renewable Energy Stock in April
One of my investing goals this year has been to build out a basket of renewable energy stocks to benefit from the growth I see ahead in the sector. Among the most recent entrants to that mini-portfolio was renewable energy yieldco Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A). I purchased 15 shares in late February, spending about $330.
Given all the volatility in the stock market, that initial position has lost value. However, instead of lamenting the loss, I'm planning to take advantage of the decline by pouring another $250 into that position this April. Here's why I'm adding so soon after my initial purchase.
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Source Fool.com
