BUY CWEN/A @ $22.65

Buying CWEN/A @ $22.65

2% position

When a favorite name in a sector is down more than the rest of the group, you buy it. CWEN/A, Clearway Energy, is a renewable power company. They own renewable power assets, windmills/solar farms, with long-term contracts with utilities. It's a great set of assets in any environment, but with rates so low and demand for green power so high, it should be a clear winner.

See my XOM sale note for more about the big oil majors becoming renewable energy giants in the coming decades...

I chose the A shares over the regular, CWEN shares. No real reason why.