If You Invested $1000 In This Stock 20 Years Ago, You Would Have $7,700 Today
Portfolio Pulse from Benzinga Insights
NextEra Energy (NYSE:NEE) has delivered an average annual return of 10.74% over the past 20 years, turning a $1000 investment into $7,675.14 today. With a current market capitalization of $130.93 billion, NEE's performance highlights the impact of compounded returns on investment growth.
March 28, 2024 | 4:30 pm
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NextEra Energy has shown a strong performance over the past 20 years with an average annual return of 10.74%, significantly impacting investors who held the stock long-term.
The article highlights NextEra Energy's exceptional performance over two decades, emphasizing the importance of compounded returns in investment growth. Given the historical data, investors might view NEE as a potentially strong long-term investment, likely leading to positive sentiment and possibly an uptick in stock price in the short term.
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