Here's How Much $100 Invested In NextEra Energy 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
NextEra Energy (NYSE:NEE) has delivered an average annual return of 9.8% over the past 20 years, outperforming the market by 2.09% annually. A $100 investment in NEE 20 years ago would now be worth $647.25. The company currently has a market capitalization of $113.58 billion.
February 29, 2024 | 5:00 pm
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NextEra Energy has shown a strong performance over the past 20 years with an average annual return of 9.8%, significantly outperforming the market.
The historical performance of NextEra Energy over the past 20 years, as detailed in the article, indicates a strong track record of growth and market outperformance. This historical data, combined with the company's substantial market capitalization, suggests a positive outlook for NEE's stock in the short term, as investors may view this track record as indicative of the company's stability and potential for future growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100