3 Energy Stocks to Buy Right Now
Energy is a small word that encompasses a very big list of companies, from oil drillers to electricity producers and a lot in between. If you are looking to add some exposure to this broad sector, where industry lines are increasingly being blurred, you will be able to find something that is interesting. For example, growth investors will probably like NextEra Energy (NYSE: NEE), income investors might find Kinder Morgan (NYSE: KMI) enticing, and those with a bent for turnaround stories might appreciate Helmerich & Payne's (NYSE: HP) story. Here's a quick look at each of these names.
NextEra Energy is one of the largest utilities in the United States, with its Florida Power & Light operations providing a solid foundation for growth. This regulated utility has long benefited from migration to its warm and low tax region. It's not exciting, but it is a reliable and slow growing business. On top of that, NextEra Energy has layered one of the world's largest clean energy operations, which is an in-demand and fast growing business. Driven by long-term contracts, the company hopes to double its production capacity in this business by the middle of the decade.
Image source: Getty Images.
Source Fool.com
