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How NextEra Energy Stock Has Played Out This Year

Vincent Kruger
How NextEra Energy Stock Has Played Out This Year

NextEra Energy (NEE), the biggest utility by market cap ($87.0 billion), has seen its stock rise more than 16% year-to-date. Over the last few years, its better-than-expected earnings have driven its stock. The company’s earnings have grown more than 8% compounded annually in the last five years, while utilities overall have grown 4%.