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Added to YB: 2024-09-04

Pitch date: 2024-06-30

NEE [bullish]

NextEra Energy, Inc.

+19.38%

current return

Author Info

No bio for this author

Company Info

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America.

Market Cap

$169.1B

Pitch Price

$68.40

Price Target

N/A

Dividend

2.79%

EV/EBITDA

20.26

P/E

25.78

EV/Sales

10.28

Sector

Electric Utilities

Category

growth

Show full summary:
PGIM Jennison Utility Fund Portfolio Holding: NextEra Energy, Inc.

NEE: Largest US utility & top renewable developer. Increased position after underperformance. Benefited from lower rates, resolved FL political complaint, strong renewable outlook. Expect high-end EPS growth long-term. Poised to gain from rising US power demand, especially AI datacenters.

Read full article (1 min)