(cache)NextEra Energy Partners: 3 Reasons We Are Upgrading To A Strong Cry (NYSE:NEP)

Summary

We have consistently rated the stock as a Sell, and it has dropped 37% since our first warning.
Despite the ongoing crash, we are upgrading the stock to a "Strong Cry" due to emerging risks for bears.
Our "Strong Cry" rating is based on three factors: discounted distribution cut, asset value, and NEE's need to avoid a public disaster.

Investor unhappy with the new dividend he is about to be fed.

South_agency/E+ via Getty Images

"It's over Anakin, I have the high ground."

Source: Obi-Wan Kenobi

We have not been fans of the NextEra Energy Partners, LP (NYSE:NEP) model, and we never gave it a buy rating. In fact, the last 4 were

Symbol	Last Price	% Chg
NEP NextEra Energy Partners, LP Common Units	16.00	-7.46%
Post	15.99	-0.06%