Renewable Investors Look No Further, the Utility Stock of the Future Is Here
Utilities in the U.S. are facing more uncertainty than ever before as the energy landscape changes around them. Coal is dying, while renewable energy is growing faster than many once thought possible. This couldn't be a bigger deal for the utility sector and its investors. Fortunately, a few choice names long ago started pivoting toward renewable energy sources, to benefit both the environment and their shareholders. The undisputed leader -- of interest to any dividend-minded investor -- is NextEra Energy (NYSE: NEE).
The U.S. Energy Information Administration projects that renewable energy will experience a huge amount of growth in the coming decades:
Image source: U.S. Energy Information Administration -- Annual Energy Outlook 2017.
Source: Fool.com
Nextera Energy Inc. Stock
Nextera Energy Inc. is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
As a result the target price of 75 € shows a slightly positive potential of 9.31% compared to the current price of 68.61 € for Nextera Energy Inc..
