This Is My Favorite Energy Stock Right Now
The energy industry is going through a number of simultaneous disruptions that can leave large, established companies in a precarious position. Renewable energy is disrupting fossil fuel electricity generation, electric vehicles are growing market share versus internal combustion engines, and consumers have more options than ever with solar and energy storage in the home.
One company getting out in front of the market's changes is the utility giant NextEra Energy (NYSE: NEE). The company owns a solid regulated utility and is one of the largest renewable energy investors in the world. Instead of fighting the industry's changes, the company is leading the utility industry into the future, which is why it's a top energy stock today.
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Source Fool.com
