The Biggest Green Energy Stock - NextEra Energy NEE

23/10/2023 15 min

Listen "The Biggest Green Energy Stock - NextEra Energy NEE"

Episode Synopsis


Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/zVcbuwmtqtw.


NextEra Energy or NEE stock is the biggest green energy company in the world and a global leader in solar and and wind energy along with battery storage. $NEE stock is seeing lows not seen since the ancient pandemic of 2019 which has investors asking - why is NEE stock crashing? Always put these questions into perspective. Relative to what? NextEra is a utility company so we'd expect them to be falling as the broader utility sector is down 18% year to date. The reason NEE shares are down close to 38% year to date is because they recently reduced the forecasted dividend growth rate - from 11% over the past decade to a target of 6%. This dividend champion is till managing to pay enough to beat inflation, so we're not overly concerned. As for NextEra Energy's debt, that's a complicated topic that's best covered by rating agencies like Fitch or Moody's. We've been invested in NEE stock for a decade now, so here's our thoughts FWIW.