Is NextEra Energy Stock a Buy?
On the surface, NextEra Energy (NYSE: NEE) is just a boring old utility. But once you start to drill down into the story a little bit, you see that there's a lot more going on here. That's both a good thing and a bad thing at the same time. Here's why, and what you need to know before you decide to invest in this U.S. utility giant.
The core of NextEra's business is Florida Power & Light. That regulated utility is the largest electricity provider in the state of Florida, and among the largest in the country. Moreover, the state's population is growing about 1.3% a year (roughly twice the national average). More customers means more revenue for a utility. This is the company's foundation.
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Source Fool.com
