NextEra Energy Partners (NEP) stock yields 12%: forms a risky pattern
NextEra Energy Partners (NYSE: NEP) stock price has been in a strong recovery this year as investors bought the dip. After bottoming at $18.6 in December last year, it has soared to $30 and is now hovering near its highest point since September 25th. Still, these gains have not been enough to compensate for the losses made in the past two years. The stock remains about 60% below its highest point in 2022, a move that has erased its market cap from over $7.45 billion to about $2.8 billion. Is the yield too good to be true?NextEra Energy Partners is a company mostly owned by NextEra Energy, the ...