NextEra Energy: Blue Chip At Attractive Valuation
NEENextEra Energy(NEE) Seeking Alpha·2023-12-31 07:30

pidjoe Thesis: NextEra Energy (NYSE:NEE) has had a surprisingly volatile 2023 for a blue-chip utility stock and is currently down 30% across the last year. This extreme weakness represents an opportunity to be greedy and accumulate shares for a promising 2024. Pairing strong dividend growth, a commanding positioning in the industry, and a picture-perfect macroeconomic backdrop for utilities make NextEra Energy a strong buy with significant upside for 2024. Overview: NextEra Energy is a utility sector giant ...