5 Oversold Energy Stocks You Can Buy

1. Clearway Energy, Inc. (NYSE:CWEN)

14-day RSI as of July 19: 30.69

Clearway Energy, Inc. (NYSE:CWEN) was formerly known as NRG Yield, Inc. and changed its name in 2018. The company is a New Jersey-based utility company with 5,500 net megawatts of renewable energy facilities and 2,500 net megawatts of natural gas generation facilities. Clearway Energy, Inc. (NYSE:CWEN) tops our list of most oversold energy stocks with a 14-day RSI of 30.69 as of July 19.

Clearway Energy, Inc. (NYSE:CWEN) has been increasing its dividend for the last four years and has a dividend yield of 5.5% as of July 19. In its first-quarter earnings report, the company mentioned that it plans to achieve a 5%-8% annual dividend growth through 2026 and plans to maintain an 80%-85% long-term payout ratio. Clearway Energy, Inc. (NYSE:CWEN) paid out its last quarterly dividend on Jun 15, 2023.

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