NextEra: Room For Upside Following The Recent Snapback, Long-Term EPS Growth Expected


  • Renewable energy arms of major utility sector stocks, including NextEra Energy, have faced uncertainty due to rising interest rates.
  • NextEra Energy consists of Florida regulated utilities and NextEra Energy Resources, which generates wind, natural gas, nuclear, and solar-powered assets.
  • Despite a recent drop in stock price, NEE remains undervalued and has strong long-term growth potential and a rising dividend.
  • I highlight key price levels to monitor ahead of earnings next month.

Abstract smart city concept


Everything seems to be a play on rates these days. That might be the investment theme of 2023. Quickly rising yields caused volatility and falling stock prices among indebted firms and those with earnings not until years away. What also felt the

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