Here's How Much $1000 Invested In NextEra Energy 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, NextEra Energy (NYSE:NEE) has produced an average annual return of 10.06%, outperforming the market by 2.51% on an annualized basis. A $1000 investment in NEE 20 years ago would be worth $6,802.14 today. NextEra Energy currently has a market capitalization of $114.18 billion.
February 08, 2024 | 6:00 pm
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NextEra Energy has shown significant growth over the past 20 years, with a $1000 investment growing to $6,802.14, reflecting an average annual return of 10.06%.
The article highlights NextEra Energy's strong performance over the past 20 years, significantly outperforming the market. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for NEE's stock in the short term, as it demonstrates the company's ability to generate value for its investors over a long period.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100