NextEra: Data Centers And Reshoring Activities Will Boost Renewables Demand
NextEra Energy(NEE) Seeking Alpha·2024-08-26 19:22
Cindy Shebley/iStock Editorial via Getty Images In our last NextEra (NYSE:NEE) review, we asked ourselves how sustainable the company earnings growth story trajectory was. We reported risks on inflationary costs and higher interest rates vs. NextEra's stock price performance. Our assessment clearly selected more discounted EU renewable players, such as Enel. Looking at the stock price performance, the US player was flat, while Enel grew by more than 40%, also outperforming the S&P change. This is not a comp ...