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21.09.2019 18:18:00

Is It Time to Cash In on This High-Flying Renewable Energy Stock?

TerraForm Power's (NASDAQ: TERP) stock has been sizzling this year. Shares of the renewable energy company are up roughly 55% since the start of the year because its turnaround plan is starting to pay off. Add in the company's high-yielding dividend, and the total return is a market-crushing 61%.Because of that surge, an analyst at J.P. Morgan recently downgraded the stock, suggesting that now is the time to take profits. Here's a look at the case for and against cashing in on TerraForm after its big run this year. Image source: Getty Images.Continue reading
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