NextEra Outperforms Industry in Three Months: How to Play the Stock? – May 16, 2025
From Zacks Investment Research: 2025-05-16 15:46:00
NextEra Energy (NEE) shares have surged 9.2% in the last three months, outperforming the Utility – Electric Power industry and Utilities sector. The company’s solid performance and expanding customer base are driving demand for its services. NextEra Energy’s stock is trading above its 50-day SMA, indicating a bullish trend. The company is well-positioned to meet the growing demand for clean electricity through strategic investments. NextEra Energy expects to increase its earnings per share annually through 2027. Despite its premium valuation, investors can consider holding on to this utility stock for its stable performance and dividend payment capabilities.
Read more at Zacks Investment Research: NextEra Outperforms Industry in Three Months: How to Play the Stock? – May 16, 2025