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NextEra Energy Tops Utility Stocks with Potential for Growth
NextEra Energy Tops Utility Stocks with Potential for Growth
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BTCCSquare news:
NextEra Energy (NEE) leads as the largest utility stock by market cap, valued at over $150 billion, according to The Motley Fool. The Florida-based utility's growth is driven by its electric utility operation, Florida Power & Light, which serves over 6 million customers and boasts the largest utility-owned solar energy portfolio in the U.S.
NextEra Energy Resources, another segment, capitalizes on rising demand for clean energy with 38 gigawatts of power generation and storage assets. Analysts suggest the company's strategic investments could potentially double its value in the coming years.
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