NextEra Energy, Inc. (NEE)
After hours:
- Reuters
Bigger utilities to benefit most from Biden's clean-energy funds
Large U.S. electric utilities with renewable power projects in the works will benefit most in the sector from new federal clean energy funding, analysts and researchers said, with those already at the forefront of developing solar and wind cleaning up. The Biden administration's $430 billion Inflation Reduction Act devotes billions of dollars for tax credits and direct payments for solar, wind, battery and other energy sources to move electric power supplies from fossil fuels. Regulated utilities including Duke Energy Corp and Dominion Energy Inc begin reporting fourth-quarter results this week and analysts expect them to lay out plans for capitalizing on the IRA.
- Motley Fool
Fear a Recession in 2023? Here Are 3 Stocks to Safeguard Your Portfolio
Recent indicators suggest a recession could be just around the corner. A potential downturn could have a big impact on earnings for economically sensitive companies, which would likely put more weight on their stock prices. Three companies with relatively recession-resistant businesses are Kinder Morgan (NYSE: KMI), American Water Works (NYSE: AWK), and NextEra Energy (NYSE: NEE).
- Zacks
NextEra Energy, Inc. (NEE) is Attracting Investor Attention: Here is What You Should Know
NextEra (NEE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
