Is NextEra Energy the Smartest Investment You Can Make Today?
One of the smartest things you can do as an investor is focus on megatrends that should drive above-average growth in the coming years. The top companies focused on a major growth trend tend to deliver strong earnings growth and total returns over the long term. U.S. power demand is becoming a massive growth trend. After barely rising over the last two decades, forecasters expect electricity demand in the country to surge 55% by 2040. Several catalysts will power this acceleration, including artificial intelligence (AI) data centers, the electrification of transportation, and the onshoring of manufacturing. This catalyst drives the view that the U.S. will need to add a staggering 450 gigawatts (GW) of new power generation capacity by 2030. NextEra Energy (NYSE: NEE) is in a strong position to capitalize on this megatrend. Here's a look at whether the utility is one of the smartest investments you can make right now.Continue reading
One of the smartest things you can do as an investor is focus on megatrends that should drive above-average growth in the coming years. The top companies focused on a major growth trend tend to deliver strong earnings growth and total returns over the long term.
U.S. power demand is becoming a massive growth trend. After barely rising over the last two decades, forecasters expect electricity demand in the country to surge 55% by 2040. Several catalysts will power this acceleration, including artificial intelligence (AI) data centers, the electrification of transportation, and the onshoring of manufacturing. This catalyst drives the view that the U.S. will need to add a staggering 450 gigawatts (GW) of new power generation capacity by 2030.
NextEra Energy (NYSE: NEE) is in a strong position to capitalize on this megatrend. Here's a look at whether the utility is one of the smartest investments you can make right now.
