NEE - NextEra Energy: Betting On The Right Clean Energy Leader
2024-07-16 08:30:00 ET
Summary
- NextEra Energy investors are likely more concerned with a possible Trump return.
- NEE must navigate a potential partial repeal of the IRA, but a full repeal is not expected.
- NEE's Investor Day assures investors about long-term growth prospects powered by several industry growth vectors.
- NextEra Energy is also a key player benefiting from the AI gold rush, lifting investor confidence.
- I argue why NEE investors should consider capitalizing on the recent pullback to buy more shares. Read on.
NextEra Energy: Uncertainties Attributed To Trump
NextEra Energy ( NEE ) investors are likely heading into NEE's Q2 earnings release on July 24 with higher uncertainty. NEE topped out in late May 2024 under the $80 level as investors likely took profit. NEE fell quickly toward its mid-June lows, just under the $70 level, before dip-buyers returned to support the stock....
NextEra Energy: Betting On The Right Clean Energy Leader