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“Our latest “Bargain Stock of the Month” feature is NextEra Energy (NEE), which changed its name in June from the FPL Group,” notes Vita Nelson, who notes that the company changed its name to “better reflect the company’s scale as one of the largest and cleanest energy providers in the nation.”
The editor of MoneyPaper’s Direct Investing exlains, “Its regulated utility, Florida Power & Light, provides electricity to 4.4 million customers. Its unregulated unit sells power across the United States.
“Over a third of this unit’s operation sources electric power using windmills, many of which are located in high-wind areas, such as the Texas panhandle.
Continue reading NextEra Energy (NEE): A ‘Bargain’ in Utilities
NextEra Energy (NEE): A ‘Bargain’ in Utilities originally appeared on BloggingStocks on Wed, 21 Jul 2010 10:30:00 EST. Please see our terms for use of feeds.
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United States – Energy – Florida Power & Light – NextEra Energy – Vita Nelson
Utility NextEra Energy (
We can make this short and sweet: buying utilities pays off in many ways that other investments do not. Utilities pay regular dividend distributions that are higher than most stocks, bonds, Treasuries, and certificates of deposit. In these volatile times, utility stocks add stability to your portfolio and moderate the wild swings. And, here is the kicker that everyone but day traders will appreciate: long term returns beat all of the major indices over time.
The stock of utility FPL Group (
