$1000 Invested In This Stock 20 Years Ago Would Be Worth $7,400 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, NextEra Energy (NYSE:NEE) has produced an average annual return of 10.51%, outperforming the market by 2.54% on an annualized basis. A $1000 investment in NEE 20 years ago would be worth $7,377.98 today. NextEra Energy currently has a market capitalization of $123.02 billion.
March 18, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
NextEra Energy has shown significant growth over the past 20 years, with a $1000 investment growing to $7,377.98, reflecting an average annual return of 10.51%.
The substantial growth of NextEra Energy over two decades, significantly outperforming the market, indicates a strong and stable investment. This historical performance, coupled with its large market capitalization, suggests a positive outlook for NEE's stock in the short term, assuming market conditions remain favorable and the company continues its growth trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100