NextEra Energy (NEE) continued to be a favorite of investors and analysts alike, maintaining its standing as a robust long-term investment and renewable energy leader. The company raised its dividends, signaling financial stability and attractive to investors seeking consistent income. A 30% market gain would be seen if you had invested in NextEra Energy a year ago. The company has been bullish on becoming the primary source for most US energy demand by 2030, through renewables and storage. Its stock surprisingly sank when the market experienced positive gains, causing uncertainties. Investment experts such as Jim Cramer have lauded the company, embracing it as a growth utility. The company has recently announced new leadership and a $120 billion investment in infrastructure, reaffirming their long-term financial expectations. There are also talks of NextEra doubling its $20 billion investment in Texas in the upcoming years. These credentials have been echoed by several hedge funds, prompting the question if NEE is the best energy stock to invest in. Their Q4 earnings surpassed estimates, despite mixed results, and continues to fuel the growth of renewable energy.
Nextra Energy NEE News Analytics from Fri, 18 Oct 2024 07:00:00 GMT to Sat, 29 Mar 2025 20:14:08 GMT -
Rating 5
- Innovation 8
- Rumor -3
