High-Yield Dividend Stocks Down 11% to 70%: How to Prepare for the Potential Reckoning Coming
Shares of NextEra Energy (NYSE: NEE) and subsidiary NextEra Energy Partners (NYSE: NEP) have fallen sharply, dragging down shares of Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A), and Atlantica Sustainable Infrastructure (NASDAQ: AY), too. PepsiCo (NASDAQ: PEP), Coca-Cola (NYSE: KO), Target Corp (NYSE: TGT), and Kroger (NYSE: KR) are also down double digits. In this video, Motley Fool contributor Jason Hall explains what's happening and how investors can adapt.
*Stock prices used were from the morning of Oct. 3, 2023. The video was published on Oct. 4, 2023.
Source Fool.com