Is NextEra Energy a Buy?
NextEra Energy (NYSE: NEE) is one of the largest utilities in the United States. The stock has risen about 26% so far in 2019, easily besting the 18% advance of the broader utility group, as measured by Vanguard Utilities ETF. There are good reasons for that outperformance, but such a strong showing comes with a downside. Here's what you need to know before you buy NextEra Energy.
NextEra's 2019 performance isn't out of the ordinary. The utility's stock has outdistanced the broader utility peer group over the 1-, 3-, 5-, and 10-year periods as well -- and in a big way, with a massive 300% or so gain over the past decade, easily trouncing Vanguard Utilities ETF's advance of just under 130%.
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Source Fool.com
