NextEra Energy's smart investment strategy continues to pay dividends. NextEra Energy (NEE -0.62%) is one of the country's leaders in producing carbon-free electricity. It has a large and growing portfolio of wind and solar energy projects. On top of that, it operates several nuclear power plants. These assets generate stable and growing income backed by government-regulated rate structures and long-term contracts. That has enabled NextEra Energy to deliver powerful dividend growth over the years as it has ...

Utility stock NextEra Energy Inc (NYSE:NEE) just hit a 52-week high after breaking above resistance just above the 80 strike that has been in place since May. Plus, the ascending 20-day moving average now sits at this former level of pressure. On the weekly chart, NEE just hit a weekly close above a trendline connecting weekly highs since the end of 2021. Plus, the equity took out heavy call open interest (OI) at the 80 strike that expires on Sept. 20, with September being the heaviest call open interest mo ...

The latest trading session saw NextEra Energy (NEE) ending at $84.64, denoting a -0.01% adjustment from its last day's close. This move lagged the S&P 500's daily gain of 0.13%. Meanwhile, the Dow experienced a rise of 0.55%, and the technology-dominated Nasdaq saw a decrease of 0.52%. The parent company of Florida Power & Light Co.'s stock has climbed by 7.74% in the past month, exceeding the Utilities sector's gain of 5.44% and the S&P 500's gain of 3.67%. Investors will be eagerly watching for the perfor ...

Justin Paget The owner of North America's largest producer of wind and solar energy and America's largest electric utility, NextEra Energy (NYSE:NEE) is well-positioned to benefit from multiple, strong trends going forward. Specifically, the firm should get a lift from data centers' increased demand for clean energy, higher demand for electricity in general due to the proliferation of AI and battery-powered vehicles, and continued population growth in Florida, where NextEra's utility, Florida Power & Light, ...

The utility sector is typically known for its steady but unspectacular performance, but it has shocked the market with an electrifying surge in 2024. Despite its defensive nature, the sector has climbed over 20% year-to-date, outpacing the broader market and defying expectations. This remarkable performance has caught the attention of investors seeking income and growth potential in a dynamic market environment. Get stock market alerts: Understanding the Utility Landscape Utility companies form the backbone ...

NextEra Energy (NEE) ended the recent trading session at $81.19, demonstrating a +1.51% swing from the preceding day's closing price. This change outpaced the S&P 500's 1.16% gain on the day. On the other hand, the Dow registered a gain of 1.2%, and the technology-centric Nasdaq increased by 1.16%. Coming into today, shares of the parent company of Florida Power & Light Co. Had gained 3.25% in the past month. In that same time, the Utilities sector gained 4.39%, while the S&P 500 gained 3.48%. The investmen ...

Distribution Is Sustainable As Long We Develop Time Travel By 2027 Viorika/iStock via Getty Images In April of this year, we switched NextEra Energy Partners LP. (NYSE:NEP) to a Sell rating. So we would not count on the current distribution becoming your annualized total return profile in the next 5 years. We rate NextEra Energy Partners, LP units a Sell and think there is substantial downside once the distribution is realigned. Source: Lower For Longer The stock realized that resistance was futile and move ...

Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and NextEra Energy (NEE) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revisi ...

NextEra Energy's shares (NEE) continue to rally, rising 22.7% in a year compared with its industry's growth of 18.8%. The company also outperformed the Zacks Utilities sector in the same time frame. The steady rise in NextEra Energy's share prices is a reflection of the strong performance of the company and customer growth, which is boosting demand for its services. Image Source: Zacks Investment Research NextEra Outperforms Industry & Sector in Past Year Factors Driving NextEra Energy Stock Higher NextEra ...

Cindy Shebley/iStock Editorial via Getty Images In our last NextEra (NYSE:NEE) review, we asked ourselves how sustainable the company earnings growth story trajectory was. We reported risks on inflationary costs and higher interest rates vs. NextEra's stock price performance. Our assessment clearly selected more discounted EU renewable players, such as Enel. Looking at the stock price performance, the US player was flat, while Enel grew by more than 40%, also outperforming the S&P change. This is not a comp ...