NextEra Energy Inc $ 82.81 0.77 (0.94%)
NextEra Energy Inc News and Headlines -
According to the GuruFocus All-in-One Screener as of Dec. 23, the following utilities are popular among gurus.
NextEra Energy Inc. (NEE) has a market cap of $146 billion. Its revenue has risen 1.9% over the past 10 years.
The company, which distributes power to roughly 5 million customers in Florida, is held by 13 gurus, including Ken Fisher (Trades, Portfolio) with 0.16% of outstanding shares, Pioneer Investments (Trades, Portfolio) with 0.06% and the T Rowe Price Equity Income Fund (Trades, Portfolio)
The Bruce Fund, co-managed by founder Robert Bruce (Trades, Portfolio) and his son Jeff, revealed in November that its top trades included a new position in Chiasma Inc. (CHMA), position boosts in Paratek Pharmaceuticals Inc. (PRTK) and Bausch Health Companies Inc. (BHC) and reductions in its Apple Inc. (AAPL) and NextEra Energy Inc. (NEE) holdings.
The Chicago-based fund invests primarily in small and mid-cap stocks, though it will occasionally also invest in large-cap stocks as well as convertible and distressed bonds. As of the quarter end, the fund's $452 million equity portfolio contains 34 stocks with a
Shareholders of Accenture PLC (ACN), NextEra Energy Inc (NEE) and Linde PLC (LIN) have seen their holdings return higher percentages than the S&P 500 index in recent years. The benchmark for the U.S. market returned 14.2% over the past year, 36.6% over the past three years and 59.4% over the past five years through Aug. 11.
Shares of Accenture PLC have returned 18.5% over the past year, 76% over the past three years and 121% over the past five years through Aug. 11, beating the S&P 500 by 4.3%, 31.2% and 61.6%, respectively.
The Irish global professional
Ken Fisher (Trades, Portfolio), CEO and chief investment officer of Fisher Investments, disclosed this week that his top four buys for the second quarter were position expansions in NextEra Energy Inc. (NEE), UnitedHealth Group Inc. (UNH), 3M Co. (MMM) and The Walt Disney Co. (DIS).
Fisher, who studied under his father and legendary investor Phil Fisher, wrote Forbes' prestigious "Portfolio Strategy" column from 1984 to 2016 and several finance books, including 1984 Dow Jones bestseller "Super Stocks." The guru's Camas, Washington-based firm invests in stocks based on the idea that supply and demand of securities solely determines
The Dow Jones Industrial Average closed at 26,671.95 on Friday with a loss of 62.76 points or -0.23%. The S&P 500 closed at 3,224.73 for a gain of 9.16 points or 0.28%. The Nasdaq Composite closed at 10,503.19 for a gain of 29.36 points or 0.28%. The VIX Volatility Index was lower at 25.68 for a loss of 2.32 points or -8.29%.
For the week, the Dow Jones was up 2.3%, the S&P 500 was up 1.2% and the Nasdaq was down -1.1%. For the year, the Nasdaq has a gain of 16%, the S&P 500 is hovering around 0%
According to the GuruFocus All-in-One Screener, a Premium feature, the stocks of the following guru-owned banks have outperformed the S&P 500 Index over the past 12 months through July 10.
American Water Works Co. Inc. (AWK) has a market cap of $23.6 billion. It has outperformed the S&P 500 by 6.92% over the past year.
Shares are trading with a price-earnings ratio of 37.45. As of Friday, the share price was 42.05% above the 52-week low and 7.77% below the 52-week high.
The water and wastewater utility has a GuruFocus profitability rating of 7 out of
Finally putting its gigantic $137 billion cash pile to use, Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway Inc. (BRK.A)(BRK.B) announced on July 5 it is buying Dominion Energy Inc.’s (D) natural gas transmission and storage assets for $4 billion.
Including $5.7 billion in debt, the deal, which is the Omaha, Nebraska-based conglomerate’s first since the coronavirus pandemic broke out, is valued at $9.7 billion. Despite the market’s decline, at the Berkshire Hathaway annual meeting in May, Buffett said he hadn’t seen many appealing opportunities.
He must have found some value in Dominion Energy’s assets, though. Under the
The Dow Jones Industrial Average closed at 24,465.16 on Friday with a loss of 8.96 points or -0.04%. The S&P 500 closed at 2,955.45 for a gain of 6.94 points or 0.24%. The Nasdaq Composite closed at 9,324.59 for a gain of 39.71 points or 0.43%. The VIX Volatility Index was lower at 28.15 for a loss of 1.38 points or -4.67%.
For the week, the Dow Jones gained 3.3%, the S&P 500 gained 3.2% and the Nasdaq returned 3.4%. For the year, the Nasdaq has a gain of 3.92%, the S&P 500 is down 8.52% and the Dow Jones
Jim Simons (Trades, Portfolio), founder of Renaissance Technologies LLC, has released his firm's portfolio for the first quarter. The top buys were Zoom Video Communications Inc. (ZM), Baidu Inc. (BIDU), Allergan PLC (AGN), Bristol-Myers Squibb Co. (BMY) and NextEra Energy Inc. (NEE).
Renaissance Technologies LLC is a quantitative investment management company that trades in global financial markets. The company is dedicated to adhering to mathematical and statistical methods. Investments are made using a computer algorithm and trades are conducted for Simons by his firm.
The guru’s portfolio, valued at $102.96 billion, gained 578 new holdings during
Income investors often purchase shares of utility companies because they are seen as steady growers that offer dividends. Many who invest in this sector are content with lower growth as they own the names in this sector primarily for the income they provide.
There are utility companies that can provide higher growth rates while paying dividends. NextEra Energy Inc. (NEE) might be the best example of this.
NextEra Energy, a stock I continue to view as a safe port in a storm market, is regulated utility company with 5.5 million customers in Florida. It is also the global
The largest insider buys this week were in NextEra Energy Inc. (NEE), Exxon Mobil Corp. (XOM), Wells Fargo & Co. (WFC) and Linde PLC (LIN).
NextEra Energy director bought 4,000 shares
Director David L. Porges bought 4,000 shares on March 13 for an average price of $220. The stock has decreased by 12.84% since then.
NextEra Energy is an American Fortune 200 energy company with around 45,900 megawatts of generating capacity. The company purchases, owns and operates wind and solar power projects in North America. The company has a market capitalization of $93.76 billion; as of March 20, it traded
According to the GuruFocus All-In-One Screener as of March 16, the following utility stocks are popular among gurus.
American Water Works
Water and wastewater utility American Water Works Co. Inc. (AWK) has a market cap of $23 billion. Its revenue of $3.6 billion has grown 3.9% over the past 10 years.
As of March 16, the stock is trading with a price-earnings ratio of 37.40. The share price of $128.29 is 9.46% below the 52-week high and 27.89% above the 52-week low. Over the past 10 years, the stock has climbed 500%.
The company’s largest guru shareholder is
If you want to choose stocks that carry a high potential to keep on moving their share prices higher, then you should consider those stocks that beat the S&P 500 index, which is the benchmark for the U.S. market, in terms of their five-year earnings per share (EPS) growth rate
The S&P 500 has grown its EPS by a yearly average of about 6.5% over the past five years, pushing its share price up by 42.63% to $2,711.02 at close on March 13, 2020.
As a result of strong past results, Wall Street sell-side analysts have released positive recommendation ratings
On Monday, the S&P 500 was down 7% just minutes after the opening bell, triggering a “circuit breaker” that paused trading for 15 minutes. This is the first time this has happened. The Dow fell a record 2,014 points that day. The record stood for just three days until Thursday saw a 10% decline. Again, circuit breakers put a pause on trading. Then on Friday, after governments around the world stated they would take action to provide support for their economies, the major U.S. indexes saw the largest rally since 2008.
Investors can be forgiven if they are feeling the
The largest insider buys this week were in Tesla Inc. (TSLA), NextEra Energy Inc. (NEE), Coty Inc. (COTY) and Bunge Ltd. (BG).
Tesla CEO bought 13,037 shares
CEO Elon Musk bought 13,037 shares on Feb. 14 for an average price of $767. The stock has gained 17.47% since then.
Tesla is an American automotive and energy storage company that focuses on electric vehicle manufacturing and battery energy storage. The company is a component of both the Nasdaq 100 and Russell 1000. As of 2019, the company sells the Model S, Model X and Model 3 cars as well as the
Renewable energy is now a long-term growth story. Investors, businesses, governments worldwide—alarmed by the effects and costs of climate change—are embracing clean energy solutions as a path to lower CO2 emissions.
That demand has spurred innovation in the U.S. renewable energy sector over the past 10 years, so much so that renewable sources like solar and wind are not just the cheapest but also the fastest-growing sources of electricity today.
The technology has developed so rapidly in the United States that generally the cost of generating electricity from onshore wind and solar is lower than generating electricity from coal.
The Dow Jones Industrial Average closed at 27,783.59 on Wednesday with a gain of 92.10 points or 0.33%. The S&P 500 closed at 3,094.04 for a gain of 2.20 points or 0.07%. The Nasdaq Composite closed at 8,482.10 for a loss of 3.99 points or -0.05%. The VIX Volatility Index was higher at 13.00 for a gain of 0.32 points or 2.52%.
Wednesday’s market movers
U.S. indexes closes mostly higher Wednesday. Federal Reserve Chairman Jerome Powell gave a speech on the economic outlook before the Congressional Joint Economic Committee, commenting that another rate increase is not likely given the current
U.S. utilities led sector gains, with Florida-based NextEra Energy Resources (NEE) up 14%, gaining momentum in renewable energy projects. Such projects have become quite profitable with lower costs and can operate on a stand-alone basis without governmental tax credits. With stable regulation for the Florida utility and a record pipeline for renewables, NextEra’s aggressive growth targets will likely be reached.
From [url=https://www.gurufocus.com/StockBuy.php?GuruName=Bernard+Horn]Bernard Horn[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Bernard+Horn]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Bernard+Horn]Portfolio[/url])'s third-quarter 2019 Polaris Global Value Fund shareholder letter.
The T Rowe Price Equity Income Fund (Trades, Portfolio) disclosed this week its top five buys for the third quarter included new holdings in NextEra Energy Inc. (NEE) and AbbVie Inc. (ABBV) as well as three position boosts: General Electric Co. (GE), Phillip Morris International Inc. (PM) and Edison International (EIX).
Currently managed by John Linehan, the Baltimore-based fund invests in common stocks of established companies that are trading below fair value and expected to pay above-average dividends. Emphasis is placed on large-cap companies with a strong track record of dividend payments.
According to GuruFocus' list of 52-week highs, these Guru stocks have reached their 52-week highs.
NextEra Energy Inc. (NEE) reached the 52-week high of $209.73
NextEra Energy's regulated utility, Florida Power & Light, distributes power to 4.5 million customers in Florida. Florida Power & Light contributes over 60% of the group's operating earnings. Consolidated generation capacity totals nearly 45 gigawatts and includes natural gas, nuclear, and significant wind assets. The non regulated segment generates and sells power throughout the U.S. and Canada.
The price of NextEra Energy Inc. shares has reached $209.73, which is 1.3%