Is NextEra Energy, Inc. (NEE) Among the Most Profitable Utility Stocks to Buy Now?

From Yahoo Finance: 2025-04-28 11:18:00

NextEra Energy, Inc. (NYSE:NEE) is a top utility stock with a net profit margin of 23.02%. The company is investing billions in sustainable energy projects, aiming to eliminate carbon emissions by 2045. NextEra’s robust financial profile and consistent cash flow make it a strong contender in the utility sector.

Utility stocks, like NextEra, have seen significant growth due to factors like AI adoption, data center expansion, and the rise of electric vehicles. Despite a strong performance in 2024, utility stocks remain undervalued compared to the broader market. Their defensive nature and steady growth make them attractive investments for those seeking stability.

Morningstar energy and utilities strategists recommend investing in utility companies, citing their steady performance and dividend growth potential. Utilities are known for their defensive nature, providing reliable services like water and electricity. Despite potential risks from AI changes, utility stocks remain a secure option for investors looking for consistent returns.



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