Professional
Added to YB: 2024-09-04
Pitch date: 2024-06-30
NEE [bullish]
NextEra Energy, Inc.
+33.98%
current return
Author Info
No bio for this author
Company Info
NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America.
Market Cap
$190.1B
Pitch Price
$68.40
Price Target
N/A
Dividend
2.48%
EV/EBITDA
21.24
P/E
27.64
EV/Sales
10.81
Sector
Electric Utilities
Category
growth
PGIM Jennison Utility Fund Portfolio Holding: NextEra Energy, Inc.
NEE: Largest US utility & top renewable developer. Increased position after underperformance. Benefited from lower rates, resolved FL political complaint, strong renewable outlook. Expect high-end EPS growth long-term. Poised to gain from rising US power demand, especially AI datacenters.
Read full article (1 min)