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Added to YB: 2024-03-27

Pitch date: 2024-01-12

NEE [bullish]

NextEra Energy, Inc.

+42.84%

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

$57.16

Price Target

N/A

Dividend

2.79%

EV/EBITDA

20.26

P/E

25.78

EV/Sales

10.28

Sector

Electric Utilities

Category

value

Show full summary:
ClearBridge Investments Value Equity Strategy New Position: NextEra Energy, Inc.

NEE: Top regulated utility & renewable operator. Stock -30% on lowered growth outlook. Attractive entry point with strong long-term prospects despite higher financing costs. Intrinsic value estimate well above current price.

Read full article (1 min)