Daily Stock Opinions and Ratings

Opinions

The Weekly Buzzing Stocks by Billy KawasakiNextEra EnergyNEETOP PICKOct 05, 2023

NextEra Energy, Inc. is an American energy company with about 58 GW of generating capacity, revenues of over $18 billion in 2020, and about 14,900 employees throughout the US and Canada. It is the largest electric utility holding company by market capitalization. Social media mentions are up 100% in the past 24h.

The Weekly Buzzing Stocks by Billy Kawasaki

Unknown

$49.10

Stock price when the opinion was issued

$86.70

As of Jun 18, 2026. Market Open.

electrical utilities

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COMMENT

The utility space has been in a downtrend but is coming back up to trend. Don't be long with the possibility of rates going up.

BUY

Challenging year due to higher interest rates. Florida Power & Light has been its reliable utility cash cow. Proceeds from that have been invested in solar and wind, and they're the largest provider in the US. He's been adding. Long term, moving in the right direction. Yield is 3.3%.

COMMENT

The parent company has a more stable base. The NextEra Partners component is in the renewable power space, It has fewer projects it can take on and therefore has less growth ahead.

BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

NEE has had a tough year, with rising rates, and is now down 19% YTD. But it remains one of our preferred US large-cap utility stocks. It has shown very steady earnings growth, and cash flow is secure and solid. The yield is 2.8% and it has a decent record of raising its dividend. The last quarter was fine, and the company expects a three-year growth rate (compounded) of between 5% and 7%, which is higher than peers. We think it looks good overall.
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BUY

NEE vs. AQN

NEE is the biggest American utility, much bigger than AQN. NEE has a huge business in electricity (Florida) which is much more stable than AQN's green energy. NEE does have a renewables business though in the US and Canada, and this holds promise. The grid will continue to get greener over time. A consistent earner and has been meeting or beating quarters much more consistently than AQN.

PAST TOP PICK

(A Top Pick Oct 04/22, Down 7%)

Has been choppy. Utilities are sensitive to interest rates and pressured valuation. But they benefit from population growth in Florida where they operate electricity. Their other business is renewable energy Solar and wind), so they benefit from Washington's green energy incentives. A third tailwind is ongoing ESG investing. Fundamentals remain sound.

BUY

Don't be scared in coming weeks over talk of regulation about Florida Power & Light, always a tailwind. The play here is solar, which will continue to grow, so hold on.

BUY

A great, long-term company boasting growth.

WAIT

Lots of revenue from Florida, impacted by Hurricane Ian. Put lots of electricity lines underground, which has sped up getting things back online. Valuation more elevated than Canadian names. Well run, good renewables presence.

TOP PICK

America's largest utility with a heavy presence in Florida. They make electricity from natural gas, coal, wind, solar and nuclear. They lead in generating renewable energy as well as nuclear. They operate in 40 US states and 4 Canadian provinces. It grows its dividend 11% annually (over the past decade). Pays a 2.2% dividend. Washington's recent IRA bill is a tailwind for green energy like this. This offers growth and income. (Analysts’ price target is $96.47)

BUY

It's on the verge of a major breakout. He just bought it $93. This breakout will be 9 months in the making, if it happens. It's the big regulated utility in Florida. They changed their name a decade ago when they got into renewables. Renewables has been absolutely on fire. They are building solar or wind projects in dozens of states. Morgan Stanley just upgraded NEE this week for it benefiting big from Washington's latest legislation to promote green energy. NEE earnings should be solid and pays a modest dividend. They have offence and defence which makes it very attractive. They will breakout above $92.

BUY

It's a fantastic forward-thinking utility that does a lot of business with charging. It is still a buy.

BUY ON WEAKNESS

Very good stock, however, being treated like a tech stock instead of a utility. Most of the business is in Florida and consists of solar, wind, natural gas and battery storage. 35x P/E Ratio. Growth rate around 11%. Buy a little now and buy more if/when there is a correction.

PAST TOP PICK

(A Top Pick Dec 03/20, Up 18%) Not a huge fan of the utility sector, especially if rates rise. However, if you're looking for yield, great conservative portfolio hold for dividend growth. Fastest-growing US utility. Greatest exposure to renewables. Yield is 1.8%.

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