
NYSE:NEE
This summary was created by AI, based on 2 opinions in the last 12 months.
NextEra Energy (NEE-N) presents an attractive investment opportunity, particularly highlighted by its 7.7% dividend yield from convertible preferreds maturing in 2029, indicating a potential return of 8-20% over the coming years. Experts appreciate this utility's diversification and commendable growth prospects, asserting that it is not overleveraged and manages its debt effectively. The combination of strong dividend offerings and solid growth metrics makes it an appealing choice within the utility sector. Overall, those looking for stability and reasonable growth may find NextEra Energy to be a suitable addition to their portfolios.
Allan Tong’s Discover Picks NEE stock boasts a one-year return of 32% and almost 200% over five years. Revenue growth year-over-year stands at nearly 15%, double the sector (in the U.S). NextEra trades at a 34x PE and pays a 1.85% dividend. The stock has climbed 25% year-to-date and it currently sailing at all-time highs. In fact, it has popped 10% in the past two weeks, beyond $300, as the election campaign heats up. Read NEE Stock and BABA Stock: 3 Savvy Election-proof Stocks for our full analysis.
NEE-N vs. AQN-T. He would choose NEE-N. Part of the appeal of renewable energy is that they have one of the best R&D teams internally in the company, to ensure all projects they do come on stream as planned and to be more innovative in other green solutions including battery storage. It is the old "Florida Light and Power". It is growing at double digits of 10 or 12% per year and usually these companies are at 5-7%.
The old Florida Light and Power Company. They are the biggest renewable power generator in the US. Over 20% of renewable power generated in the US comes from them. As more money goes into ESG, they will benefit. Even Apple is looking to have power from wind and solar. A utility that pays a growing dividend that should grow in single-digits. Yield 2.26% (Analysts’ price target is $265.71)