Published on 3 May 2024 on Simply Wall St. via Yahoo Finance
Those who invested in Clearway Energy (NYSE:CWEN.A) five years ago are up 88%
If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see the share price rise faster than the market. But Clearway Energy, Inc. (NYSE:CWEN.A) has fallen short of that second goal, with a share price rise of 46% over five years, which is below the market return. The last year has been disappointing, with the stock price down 22% in that time.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.