NextEra Energy Partners (NEP) Looks Good: Stock Up 12.6%

Zacks

NextEra Energy Partners, LP NEP was a big mover last session, as the company saw its shares surge around 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 20.1% in the past one-month time frame.

None of the estimates for this stock were revised over the past seven days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

NextEra Energy Partners currently carries a Zacks Rank #3 (Hold).

NextEra Energy Partners, LP Price

NextEra Energy Partners, LP Price | NextEra Energy Partners, LP Quote

A better-ranked stock in the same space is Ormat Technologies, Inc. ORA, carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is NEP going up? Or down? Predict to see what others think: Up or Down

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