Why Is Everyone Talking About NextEra Energy Stock?
Electric utilities aren't exactly known as exciting stocks, but times are changing and giant NextEra Energy (NYSE: NEE) is leading the industry in a new direction. Here's a look at how this company is mixing the past with the future into one high-growth opportunity... for the right kind of investors.
The foundation behind NextEra's success is that it owns the largest utility in the state of Florida. This state has seen population growth for years as people move southward to a sunnier climate. The Sunshine State's low taxes doesn't hurt, either. This trend is expected to continue for years as Baby Boomers crest into retirement, and more residents means more customers for the utilities that serve them.
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Source Fool.com
