NextEra Energy, Inc. (NEE) is a major utility and clean-energy company with a market cap of around $178.1 billion, making it a large-cap stock. The stock is currently trading 2.3% below its 52-week high and has seen a 19.8% increase in the past three months, outperforming the S&P 500 Index. NEE has risen 10.4% over the past year and 20.5% year-to-date, trading above its moving averages since September. The company’s recent success is attributed to operational execution, renewable energy growth, and partnerships like the 25-year agreement with Alphabet Inc. to supply clean energy for Google’s operations.
Read more at Barchart: Is NextEra Energy Stock Underperforming the S&P 500?
