Great ‘buy the dip' opportunity for this high dividend stock
NEENextEra Energy(NEE) Finbold·2024-04-23 18:41

In recent years, NextEra Energy Partners (NYSE: NEP) has faced significant setbacks, with its stock plummeting almost 70% from its peak in early 2022. This decline has been influenced largely by increasing interest rates, leading to a dividend yield of approximately 13%. NEP stock 1-year price chart. Source: Google Finance However, NextEra Energy Partners has taken significant steps to steer itself toward profitability, giving investors an ideal opportunity to ‘buy the dip.’ Rethinking strategy will pay out ...