Buy NextEra Stock To Benefit From Strengthening Electricity Demand
NEENextEra Energy(NEE) Seeking Alpha·2024-09-15 16:29
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 ...