Utility stock NextEra Energy Inc (NYSE:NEE) just hit a 52-week high after breaking above resistance just above the 80 strike that has been in place since May. Plus, the ascending 20-day moving average now sits at this former level of pressure.On the weekly chart, NEE just hit a weekly close above a trendline connecting weekly highs since the end of 2021. Plus, the equity took out heavy call open interest (OI) at the 80 strike that expires on Sept. 20, with September being the heaviest call open interest mon ...

The latest trading session saw NextEra Energy (NEE) ending at $84.64, denoting a -0.01% adjustment from its last day's close. This move lagged the S&P 500's daily gain of 0.13%. Meanwhile, the Dow experienced a rise of 0.55%, and the technology-dominated Nasdaq saw a decrease of 0.52%.The parent company of Florida Power & Light Co.'s stock has climbed by 7.74% in the past month, exceeding the Utilities sector's gain of 5.44% and the S&P 500's gain of 3.67%.Investors will be eagerly watching for the performa ...

Justin Paget The owner of North America's largest producer of wind and solar energy and America's largest electric utility, NextEra Energy (NYSE:NEE) is well-positioned to benefit from multiple, strong trends going forward. Specifically, the firm should get a lift from data centers' increased demand for clean energy, higher demand for electricity in general due to the proliferation of AI and battery-powered vehicles, and continued population growth in Florida, where NextEra's utility, Florida Power & Li ...

NextEra Energy (NEE) ended the recent trading session at $81.19, demonstrating a +1.51% swing from the preceding day's closing price. This change outpaced the S&P 500's 1.16% gain on the day. On the other hand, the Dow registered a gain of 1.2%, and the technology-centric Nasdaq increased by 1.16%.Coming into today, shares of the parent company of Florida Power & Light Co. Had gained 3.25% in the past month. In that same time, the Utilities sector gained 4.39%, while the S&P 500 gained 3.48%.The investment ...

Distribution Is Sustainable As Long We Develop Time Travel By 2027 Viorika/iStock via Getty ImagesIn April of this year, we switched NextEra Energy Partners LP. (NYSE:NEP) to a Sell rating. So we would not count on the current distribution becoming your annualized total return profile in the next 5 years. We rate NextEra Energy Partners, LP units a Sell and think there is substantial downside once the distribution is realigned. Source: Lower For Longer The stock realized that resistance was futile and m ...

Investors interested in Utility - Electric Power stocks are likely familiar with DTE Energy (DTE) and NextEra Energy (NEE) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revisio ...

NextEra Energy’s shares (NEE) continue to rally, rising 22.7% in a year compared with its industry’s growth of 18.8%. The company also outperformed the Zacks Utilities sector in the same time frame.The steady rise in NextEra Energy’s share prices is a reflection of the strong performance of the company and customer growth, which is boosting demand for its services.NextEra Outperforms Industry & Sector in Past YearImage Source: Zacks Investment ResearchFactors Driving NextEra Energy Stock Higher NextEra Ener ...

Some of the worst economic crises in decades couldn't stop these three companies from lining shareholder pockets with cash.The economy doesn't always go up; recessions occur when the economy contracts, which can have real-world consequences for consumers, businesses, and the stock market. Despite recession talk ramping up in the media, nobody knows when the next recession will happen or how severe it will be. Investors can prepare their portfolios by looking for stocks with a proven long-term growth history ...

Investors looking for stocks in the Utility - Electric Power sector might want to consider either FirstEnergy (FE) or NextEra Energy (NEE) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, ...

The U.S. needs more electricity, and few companies can deliver it faster and cheaper than NextEra Energy.The U.S. is entering an unprecedented period (and I'm not talking about the upcoming Presidential election). After decades of static power demand, the country is about to stomp on the accelerator. Forecasters expect the country's electricity demand to grow four times faster over the next 20 years compared to the prior two decades. Several catalysts are driving this acceleration, including onshoring of ma ...