Ultime notizie per NextEra Energy (NYSE:NEE) Azioni

NextEra Energy

NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.

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NextEra Energy Inc

NextEra Energy Inc Unit (Corporate Units 01/06/2027)

NextEra Energy, Inc. Series N Junior Subordinated Debentures due March 1, 2079

NextEra Energy, Inc. 6.926% Corporate Units

NextEra Energy, Inc. 7.299% Corporate Units

With 17 days to Election Day, analysts are eyeing renewable energy companies as potential <a href="https://www.benzinga.com/topic/2024-election">market movers post-election</a>.
JPMorgan&#8217;s Mark Strouse has his sights set on First Solar Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), NextEra Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>), and Enphase Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>). 
Depending on the outcome on Nov. 5, these companies could either ride a relief rally or face some uncertainty. Either way, there&#8217;s action on the horizon.
Read Also: <a href="https://www.benzinga.com/news/24/10/41277250/whats-going-on-with-first-solar-stock">What&#8217;s Going On With First Solar Stock?</a>
<h2 class="wp-block-heading">&#8216;Knee-Jerk Relief Rally&#8217; For The Election Darlings?</h2>
Two potential election outcomes may drive an initial boost for renewable stocks, Strouse says. 
A &#8220;Democrat sweep or Trump/Harris win with a split Congress&#8221; could lead to a &#8220;knee-jerk relief rally&#8221; for renewables, particularly for companies like First Solar, NextEra and Enphase. Investors could breathe a sigh of relief, with the view that the Inflation Reduction Act (IRA) will remain intact, ensuring strong tailwinds for these renewable giants.
For First Solar, in particular, a Donald Trump victory could be a blue-sky scenario. Strouse believes that &#8220;Mr. Trump could also implement incremental tariffs on imports, providing upside to FSLR pricing vs. international competitors.&#8221; Translation: if tariffs hit, First Solar stands to gain.
See Also: <a href="https://www.benzinga.com/news/24/10/41395812/paul-krugman-warns-trumps-tariff-plan-could-rewind-economic-progress-90-years-and-ignite-global-conf">Trump&#8217;s Tariff Plan Could Rewind Economic Progress 90 Years and Ignite Global Conflict, Economist Warns</a>
<h2 class="wp-block-heading">Trump Victory With A Split Congress: First Solar's Dream Scenario?</h2>
A Trump win with a split Congress could be just what First Solar needs. The IRA would remain untouched and additional tariffs could give First Solar a pricing advantage over international competitors. For investors, this could mean a big upside for the stock in 2024.
With First Solar already flexing its muscles in the U.S. market, the possibility of incremental tariffs under a Trump administration could only add to its bullish trajectory. It's a stock to watch closely in the event of this political shake-up.
<h2 class="wp-block-heading">Renewables Stocks Like Sunrun, Sunnova Could Still Shine</h2>
Sunrun Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) and Sunnova Energy International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOVA#NYSE">NOVA</a>) are also poised to benefit from election outcomes. 
A split Congress could keep the IRA intact, benefiting both companies. Strouse also sees potential upside if Foreign Entity of Concern (FEOC) limits widen, as this would be another positive factor for U.S.-based renewable companies, especially those with a domestic content advantage.
However, a Republican sweep could shift the narrative, potentially delaying investor enthusiasm for stocks like Sunrun and Sunnova. 
Strouse acknowledges that investors may &#8220;await further policy clarity&#8221; before buying any post-election dips in these companies.
See Also: <a href="https://www.benzinga.com/news/24/10/41312782/trumps-economic-policies-expected-to-drive-inflation-and-deficits-higher-than-harris-economists-say">Trump&#8217;s Economic Policies Expected To Drive Inflation And Deficits Higher Than Harris,&#8217; Economists Say</a>
<h2 class="wp-block-heading">A Republican Sweep: Uncertainty Lingers For Offshore Wind &amp; EV Charging Stocks</h2>
While Strouse remains largely optimistic about the core solar stocks, he warns that a Republican sweep could create more uncertainty for less mature markets like offshore wind and EV charging infrastructure. 
Stocks tied to these sectors could face headwinds as policy clarity may take longer to develop. But for the big players—First Solar, NextEra, and Enphase—the fundamentals look strong regardless of political outcomes.
<h2 class="wp-block-heading">Election Results Could Shake Up Renewable Stocks</h2>
As we approach election season, the future for renewable stocks like First Solar, NextEra, and Enphase looks bright, but also volatile. Strouse's analysis provides a clear roadmap for investors: keep an eye on the post-election reaction, especially if First Solar gets the perfect political storm in its favor.
The market's reaction may be swift, so buckle up and stay alert—these renewable energy leaders could see big moves after the election.
Read Next: 
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<li><a href="https://www.benzinga.com/government/24/10/41122845/elon-musks-solar-vision-sparks-excitement-whats-next-for-enphase-solaredge-first-solar">Elon Musk&#8217;s Solar Vision Sparks Excitement: What&#8217;s Next For Enphase, SolarEdge, First Solar?</a></li>
</ul>

Long Ideas

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ENPH

FSLR

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First Solar, NextEra, Enphase: What Post-Election Scenarios Could Mean For Renewable Powerhouses

NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) has outperformed the market over the past 15 years by 1.13% on an annualized basis producing an average annual return of 12.95%. Currently, NextEra Energy has a market capitalization of $170.76 billion. 
Buying $100 In NEE: If an investor had bought $100 of NEE stock 15 years ago, it would be worth $607.53 today based on a price of $83.08 for NEE at the time of writing.
<h3>NextEra Energy's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728918014_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 15 Years Ago, You Would Have $600 Today

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/top-stories/24/10/41150827/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-september-2024-where-do-tesla-nvidia-apple" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In September 2024 – Where Do Tesla, Nvidia, Apple, DJT Stock Rank?</a>
Here's a look at the Benzinga Stock Whisper Index for the week of Oct. 11:
NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>): The utility company saw headlines during the week related <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41254312/hurricane-milton-descends-on-florida-analysts-warn-of-impact-on-disney-nexteras-flo">to Hurricane Milton</a> and power outages in the state of Florida, which likely increased interest from Benzinga readers. 
The company owns Florida Power &amp; Light, which has more than six million customers in Florida. A report said <a href="https://www.benzinga.com/news/24/10/41266095/hurricane-milton-knocks-out-power-for-over-2m-in-florida-nextera-energy-duke-energy-and-tampa-electr">over 900,000 lost power</a> after Hurricane Milton struck the state. While the power outages could have a short-term negative impact on the company, NextEra is also the owner of a renewable energy segment and should be able to recover from the hurricane impact over the long term.
The company is set to report third-quarter financial results on Oct. 23, which could provide more commentary on the storm's impact. The company has beaten analyst estimates for earnings per share in nine of the past 10 quarters and beaten revenue estimates in six of the past 10 quarters.
Shares were slightly up the past week, as seen on the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1">Benzinga Pro chart</a> below, and are up over 30% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="508" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133206/Screenshot-204.png" alt="" class="wp-image-591824" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133206/Screenshot-204.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133206/Screenshot-204-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133206/Screenshot-204-768x392.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Monolithic Power Systems Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>): A chipmaker specializing in power management systems, Monolithic Power Systems continues to see elevated interest from Benzinga readers. 
The company appeared on the Stock Whisper Index<a href="https://www.benzinga.com/top-stories/24/09/41072065/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet"> two weeks ago</a> after Stifel increased its price target from $1,000 to $1,100 while maintaining a Buy rating.
The company is expected to report third-quarter financial results in October. The chipmaker has beaten analyst estimates for earnings per share in more than 10 straight quarters and beaten revenue estimates from analysts in six straight quarters. A strong earnings report could send shares higher.
Monolithic shares were up more than 2% on the week and are up over 57% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="993" height="496" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133227/Screenshot-205.png" alt="" class="wp-image-591826" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133227/Screenshot-205.png 993w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133227/Screenshot-205-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133227/Screenshot-205-768x384.png 768w" sizes="(max-width: 993px) 100vw, 993px" /></a></figure>
MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>): The software company and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) owner is no stranger to the Stock Whisper Index, making frequent appearances on the list thanks to growing interest in cryptocurrency and the company's strategy of buying Bitcoin with cash and by raising funds.
The company recently <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41122476/whats-going-on-with-microstrategy-stock">announced the newest release</a> of MicroStrategy ONE, which includes integrations with Microsoft Teams and has new features for its AI bot. While many know the company as a major Bitcoin owner, MicroStrategy's software segment helps bring in cash flow to fuel the Bitcoin purchases.
MicroStrategy&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40857237/microstrategy-stock-climbs-after-bitcoin-purchase-heres-how-much-btc-michael-saylors-compa" target="_blank" rel="noreferrer noopener">recently announced it bought</a>&nbsp;$1.1 billion worth of Bitcoin bringing its total up to 244,800 Bitcoin. The company&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40919378/microstrategy-raises-875m-in-convertible-notes-plans-further-bitcoin-purchases" target="_blank" rel="noreferrer noopener">recently raised</a>&nbsp;over $800 million to redeem $500 million in senior secured notes and to buy additional Bitcoin.
MicroStrategy began buying Bitcoin in August 2020 and will continue to add more Bitcoin, as co-founder and Executive Chairman&nbsp;Michael Saylor&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/22/06/27865236/exclusive-michael-saylors-microstrategy-is-married-to-bitcoin-everything-else-in-the-world" target="_blank" rel="noreferrer noopener">previously told Benzinga.</a>
&#8220;We have a simple strategy and our strategy is we just acquire Bitcoin, and we hold the Bitcoin,&#8221; Saylor told Benzinga.
New leveraged and inverse ETFs targeting MicroStrategy <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40930553/microstrategy-2x-leveraged-inverse-etfs-are-here-offer-unparalleled-access-to-microstrateg">also recently launched, </a>which could increase interest in the company.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="499" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133249/Screenshot-206.png" alt="" class="wp-image-591827" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133249/Screenshot-206.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133249/Screenshot-206-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133249/Screenshot-206-768x385.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>): The natural gas company saw increased interest from Benzinga readers over the trading week. The surge in interest could be related to natural gas being volatile related to increased tension in the Middle East. 
Cheniere Energy will report third-quarter financial results on Oct. 31. The company has beaten analyst estimates for earnings per share in six of the past seven quarters and beaten revenue estimates from analysts in eight of the past 10 quarters.
Cheniere shares have traded near 52-week highs, as seen on the chart below. The stock is up 13% year-to-date.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="498" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133306/Screenshot-208.png" alt="" class="wp-image-591828" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133306/Screenshot-208.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133306/Screenshot-208-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133306/Screenshot-208-768x383.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Thermo Fisher Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMO#NYSE">TMO</a>): The scientific instruments and life sciences company saw a surge in interest from readers during the week. 
The increased attention could be related to Stephens <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41127566/industry-leader-thermo-fishers-contract-services-positioned-for-growth-amid-popular">initiating coverage on the stock </a>with an Overweight rating and $680 price target. The analyst sees the company benefiting from contract services and the surging demand for GLP-1 weight loss drugs. 
Stephens also highlighted the company's disciplined M&amp;A strategy to help with long-term growth. Evercore ISI Group also recently<a href="https://www.benzinga.com/quote/TMO/analyst-ratings"> raised the price target</a> on the stock from $605 to $630 while maintaining an Outperform rating.
The company is set to report third-quarter financial results on Oct. 23. Thermo Fisher has beaten analyst estimates for earnings per share in seven of the past 10 quarters and beaten revenue estimates from analysts in seven of the past 10 quarters.
Thermo Fisher shares are up 0.5% over the past five days and up around 10% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="505" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133322/Screenshot-209.png" alt="" class="wp-image-591830" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133322/Screenshot-209.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133322/Screenshot-209-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11133322/Screenshot-209-768x388.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101124&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/09/40855829/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">September 13</a></li>
<li><a href="https://www.benzinga.com/exclusives/24/09/40962321/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">September 20</a></li>
<li><a href="https://www.benzinga.com/top-stories/24/09/41072065/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">September 27</a></li>
<li><a href="https://www.benzinga.com/general/entertainment/24/10/41187322/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">October 4</a></li>
</ul>
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Investors with a lot of money to spend have taken a bullish stance on NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NEE, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 8 uncommon options trades for NextEra Energy.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 37%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $174,303, and 3 are calls, for a total amount of $190,320.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $80.0 to $95.0 for NextEra Energy over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for NextEra Energy's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of NextEra Energy's whale activity within a strike price range from $80.0 to $95.0 in the last 30 days. 
<h3>NextEra Energy Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728577326_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$6.35</td>
<td>$6.1</td>
<td>$6.35</td>
<td>$82.50</td>
<td>$101.6K</td>
<td>2.0K</td>
<td style="text-align: right;">169</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$3.3</td>
<td>$3.2</td>
<td>$3.2</td>
<td>$95.00</td>
<td>$46.7K</td>
<td>635</td>
<td style="text-align: right;">147</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$4.35</td>
<td>$4.2</td>
<td>$4.2</td>
<td>$82.50</td>
<td>$42.0K</td>
<td>4.6K</td>
<td style="text-align: right;">218</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$2.81</td>
<td>$2.7</td>
<td>$2.81</td>
<td>$80.00</td>
<td>$41.5K</td>
<td>3.1K</td>
<td style="text-align: right;">152</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.73</td>
<td>$0.67</td>
<td>$0.69</td>
<td>$80.00</td>
<td>$34.5K</td>
<td>8.6K</td>
<td style="text-align: right;">587</td>
</tr>
</tbody>
</table>

<h3>About NextEra Energy</h3>
NextEra Energy's regulated utility, Florida Power &amp; Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&amp;L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.
After a thorough review of the options trading surrounding NextEra Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of NextEra Energy</h3>
<ul>
<li>Trading volume stands at 2,865,668, with NEE's price up by 1.13%, positioned at $81.49.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 13 days.</li>
</ul>
<h3>Professional Analyst Ratings for NextEra Energy</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $85.66666666666667.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Jefferies has revised its rating downward to Hold, adjusting the price target to $87. 
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on NextEra Energy with a target price of $80. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for NextEra Energy, targeting a price of $90. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for NextEra Energy with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Market Whales and Their Recent Bets on NEE Options

A hotter-than-expected September Consumer Price Index inflation report, combined with a surprising spike in weekly jobless claims, weighed on major stock indices in early New York trading Thursday, while sparking diverging performances <a href="https://www.benzinga.com/markets">among sectors</a>.
Technology and consumer discretionary stocks led the declines, while utilities outperformed, with the latter rebounding from significant losses earlier in the week.
<h3 class="wp-block-heading">Inflation Tops Estimates, Claims Likely Affected By Hurricane Helene</h3>
The annual headline inflation rate dipped slightly from 2.5% in August to 2.4% in September, but came in <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41270761/september-inflation-hotter-than-expected-jobless-claims-spike-the-most-in-over-a-">above economist forecasts of 2.3%</a>.
Despite this marking the sixth consecutive decline in annual inflation, core inflation — which excludes volatile food and energy — rose unexpectedly from 3.2% to 3.3%, marking its first increase since March 2023.
Monthly inflation readings also came in slightly above expectations for both headline and core metrics, though they showed no acceleration from August's growth pace.
With the Federal Reserve&#8217;s heightened focus on labor market dynamics, markets closely watched the latest jobless claims report, which revealed a surprising jump to 254,000, the highest since July 2023. 
Some experts, like Bill Adams, chief economist at Comerica Bank, attributed the spike to temporary disruptions caused by Hurricane Helene and said he anticipates similar effects from Hurricane Milton in the coming weeks.
Overall, the two key data releases pushed the S&amp;P 500 down from record highs reached the previous day while boosting expectations for a 25-basis-point rate cut in November. Notably, market-implied odds of a November rate cut inched up from 76% to 86% after the reports.
<h3 class="wp-block-heading">Thursday&#8217;s Sector Movers</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Sector</th>
<th>1-day % Chg</th>
</tr>
</thead>
<tbody>
<tr>
<td>Utilities</td>
<td>0.81%</td>
</tr>
<tr>
<td>Energy</td>
<td>0.46%</td>
</tr>
<tr>
<td>Real Estate</td>
<td>0.17%</td>
</tr>
<tr>
<td>Cons. Staples</td>
<td>0.02%</td>
</tr>
<tr>
<td>Financials</td>
<td>0.01%</td>
</tr>
<tr>
<td>Materials</td>
<td>0.01%</td>
</tr>
<tr>
<td>Health Care</td>
<td>-0.04%</td>
</tr>
<tr>
<td>Communications</td>
<td>-0.28%</td>
</tr>
<tr>
<td>Industrials</td>
<td>-0.59%</td>
</tr>
<tr>
<td>Cons. Discretionary</td>
<td>-0.61%</td>
</tr>
<tr>
<td>Technology</td>
<td>-0.77%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 9:55 a.m. ET</figcaption></figure>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
Stocks leading gains within the Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) included NextEra Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>), Duke Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>) and Eversource Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>), up 2.5%, 1.5% and 1.4% respectively. 
Dragging down the tech sector, tracked by the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>), were First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), down 6.3%, Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), down 4.6%, and Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), down 3.3%. 
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Ross Stores Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) and Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) were the worst performers within the Consumer Discretionary&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>), down 2.8%, 1.7% and 1.5%, respectively. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41255250/banks-gear-up-for-earnings-season-15-top-stock-picks-including-citigroup-morgan-stanley-and-truist">Banks Gear Up For Earnings Season: 15 Top Stock Picks Including Citigroup, Morgan Stanley, And Truist</a></li>
</ul>
Photo via Shutterstock.

Equities

Large Cap

Macro Economic Events

Sector ETFs

Econ #s

Economics

Federal Reserve

Movers

ETFs

LULU

ROST

SMCI

TSLA

XLRE

Select Sector SPDR-Consumer Discretionary

Tech, Consumer Discretionary Stocks Fall, Utilities Sector Outperforms On Surprisingly High Inflation, Jobless Claims Data

Hurricane Milton wreaked havoc across Florida on Wednesday night, causing widespread power outages as it made landfall near Siesta Key in Sarasota County before barreling through the central part of the state. 
What Happened: Over 2 million residents were left without power as the storm&#8217;s winds and heavy rains swept across the region.
The storm&#8217;s impact on Florida&#8217;s power grid has been significant, affecting major utility providers throughout the state. 
According to <a href="https://poweroutage.us/">data</a> from PowerOutage.us, which tracks about 11.5 million customers across Florida, Florida Power &amp; Light Company which is owned by NextEra Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) recorded the highest number of outages, with 929,918 customers without power. 
Duke Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>) followed closely behind with 666,142 outages, while Tampa Electric reported 590,437 customers affected.
Hurricane Milton's power disruptions weren't limited to Florida. In North Carolina, Duke Energy reported 50,824 customers without power, contributing to the state&#8217;s total outage count of 65,238. In Georgia, another 34,028 outages were reported.
See Also: <a href="https://www.benzinga.com/markets/asia/24/10/41265266/alibaba-jd-com-xpeng-soar-in-hong-kong-as-pbocs-fresh-stimulus-to-boost-stock-market-sends-chinese-m">Alibaba, JD.com, XPeng Soar In Hong Kong As PBOC&#8217;s Fresh Stimulus To Boost Stock Market Sends Chinese Main Stock Market Gauge Up By 3%</a>
Why It Matters: As Hurricane Milton approached, it was downgraded from a <a href="https://www.benzinga.com/news/24/10/41257552/how-strong-is-milton-what-to-expect-from-hurricane-categories-1-through-5">Category 5 to a Category 4 storm</a>. Despite the downgrade, the storm&#8217;s potential for damage remained significant, prompting evacuations and preparations across the state. 
The storm&#8217;s impact was <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41254312/hurricane-milton-descends-on-florida-analysts-warn-of-impact-on-disney-nexteras-flo">expected to affect various sectors</a>, including utilities, insurance, and regional banks, with companies like NextEra Energy Inc and Walt Disney Co taking precautionary measures.
In anticipation of the storm, Disney World closed its parks <a href="https://www.benzinga.com/markets/equities/24/10/41245886/disney-world-closes-early-as-hurricane-milton-approaches-florida-parks-brace-for-impact">early</a>, and Tesla Inc advised its vehicle owners to fully charge their electric vehicles, planning to deploy mobile <a href="https://www.benzinga.com/news/24/10/41243307/tesla-advises-owners-to-fully-charge-evs-at-home-as-hurricane-milton-approaches-plans-mobile-superch">superchargers post-storm</a>. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41265296/teslas-future-valuation-analyst-pierre-ferragu-unveils-scenarios-ranging-from-1-4-to-4-7-trillio">Tesla&#8217;s Future Valuation: Analyst Pierre Ferragu Unveils Scenarios Ranging From $1.4 To $4.7 Trillion Based On FSD, Robotaxi Success</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors

Hurricane Milton Knocks Out Power For Over 2M In Florida, NextEra Energy, Duke Energy, And Tampa Electric Report Major Outages

Insurance, regional banks, fitness centers, utilities, hospitals and theme parks are among the sectors that could be negatively impacted when Hurricane Milton hits Florida Wednesday night or <a href="https://www.benzinga.com/news/24/10/41231817/hurricane-milton-dire-warning-if-you-choose-to-stay-youre-going-to-die-officials-encourage-writing-n">early </a><a href="https://www.benzinga.com/markets/equities/24/10/41209505/hurricane-milton-is-floridas-second-storm-in-two-weeks-how-disney-theme-parks-insurance-companie">Thursday </a><a href="https://www.benzinga.com/news/24/10/41231817/hurricane-milton-dire-warning-if-you-choose-to-stay-youre-going-to-die-officials-encourage-writing-n">morning.</a>
Here's a look at some of the sectors and stocks that investors should be watching with Hurricane Milton on the way.
Hurricane Milton Update: According <a href="https://www.nbcnews.com/news/weather/map-hurricane-milton-path-forecast-status-track-rcna174203">to </a>NBC News, <a href="https://www.benzinga.com/topic/hurricane-milton">Hurricane Milton was downgraded </a>to a Category 4 storm on Wednesday morning. The hurricane is expected to make landfall Wednesday night and could hit some of Florida&#8217;s most populous areas, including the Tampa Bay area.
Evacuation orders are in place for multiple Florida counties with government officials warning that failure to follow the orders could lead to casualties.
With evacuations taking place, Florida service stations are running out of gas, and there are concerns about charging electric vehicles on evacuation routes.
The constant changes in the storm's path could have a major effect on the damage and potential casualties. A landfall in the Tampa Bay area is seen as the worst-case scenario for the hurricane, as reported by <a href="https://www.cnn.com/weather/live-news/hurricane-milton-florida-10-09-24/index.html" target="_blank" rel="noopener">CNN</a>.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/10/41239644/hurricane-milton-evacuations-a-matter-of-life-and-death-biden-says-feds-bostic-says-storm-could-">Hurricane Milton Evacuations &#8216;A Matter Of Life And Death,&#8217; Biden Says: Fed&#8217;s Bostic Says Storm Could Have Significant Economic Impact Over Next 6 Months</a>
Regional Banks: DA Davidson analyst Gary Tenner looked at the regional banks that could be most impacted by Hurricane Milton in a new investor note.
"Based on experience, we would expect the banks in the market to be impacted in multiple ways in the post-hurricane period, including a potential deposit boost related to insurance settlements, elevated near term expenses and provision, with lending opportunities related to rebuilding efforts,&#8221; Tenner said.
The analyst said banks in the Tampa and St. Petersburg areas could see near-term increased expenses but could see "positive offsets over the longer term."
Based on market share in the region, Tenner highlights the following regional banks:
<ul>
<li>Regions Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>): Buy rating</li>
<li>Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>): Neutral rating</li>
<li>Synovus Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>): Buy rating</li>
<li>SouthState Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSB#NYSE">SSB</a>): Buy rating</li>
<li>Cadence Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CADE#NYSE">CADE</a>): Buy rating</li>
<li>Hancock Whitney Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWC#NASDAQ">HWC</a>): Buy rating</li>
</ul>
Hospitals Impact: Hospital operators in the Florida region could be negatively impacted by Hurricane Milton and face IV shortages, RBC analyst Ben Hendrix said in a new investor note.
"Hospital operators traded slightly lower on Thursday, which we believe reflects at least in part weather-related concerns as Hurricane Milton moves toward Florida's west coast," Hendrix said.
The analyst said hospitals could see "some disruptions to facilities" in the coming days.
RBC highlights the following hospitals in the report:
<ul>
<li>Community Health Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYH#NYSE">CYH</a>): Outperform rating</li>
<li>HCA Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCA#NYSE">HCA</a>): Outperform rating</li>
<li>Tenet Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</a>): Outperform rating</li>
<li>Universal Health Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHS#NYSE">UHS</a>): Sector Perform rating</li>
</ul>
"We believe HCA may be spared the worst of the storm damage with most of its hospital concentration in Central Florida located in the Tampa Bay area, which is north of the expected Sarasota landfall," Hendrix said.
Utilities Impact: Hurricane Milton could have a negative impact on utility stocks, Scotiabank analyst Andrew Weisel warned investors in a new note.
"While we remain bullish on U.S. utility fundamentals and valuations, we're growing somewhat cautious about investor sentiment, which had finally started to turn positive after years of negativity or indifference," Weisel said.
The analyst said they generally caution against trading around storms like Hurricane Milton.
"Rising hurricane activity is no doubt worrisome."
Weisel said the utility sector has several catalysts like rate cuts and the 2024 election, aside from the hurricane impact.
Top utility picks from Weisel are CMS Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>), WEC Energy Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) and DTE Energy Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTE#NYSE">DTE</a>). After these three top picks, the analyst highlights Southern Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>), NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>), Alliant Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNT#NASDAQ">LNT</a>) and American Electric Power Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) as other favorable utility names. 
Weisel also said he would buy Duke Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>) because of its weakness ahead of Hurricane Milton.
"While outages often lead to lost revenues, slightly weighing on near-term earnings, the impacts are generally very modest," Weisel said.
Another major utility that could be impacted by Hurricane Milton is Tampa Electric, owned by Emera Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/EMRAF#OTC">EMRAF</a>). Serving the Tampa Bay area, Tampa Electric is particularly vulnerable to the storm&#8217;s effects.
Insurance Stocks: The insurance sector is one of the sectors most on watch for the damaging impact and cleanup aftermath from Hurricane Milton.
Insurance stocks like Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), Allstate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>), Progressive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>), Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) and Chubb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) are among the large insurers that could be impacted.
RBC analyst Derald Goh, who covers European insurance stocks, shared a note on the potential damage from the hurricane.
"A potential $60bn industry loss from Hurricane Milton appears very manageable for a sector that is keen to demonstrate stronger earnings resiliency and should drive a re-rating," Goh said.
The $60 billion estimate comes as Hurricane Milton is expected to cause destruction similar to that caused by Hurricane Ian in 2022. Based on the estimated damage from that storm, the analyst considers this estimate the most reliable method for predicting the impact on insurance companies.
Goh said five hurricanes have made landfall in the U.S. this season, and the previous average forecast was 12.
Leisure Sector: Hurricane Milton could also impact theme parks, with the state of Florida home to Disney World, owned by The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), and Universal Studios Orlando, owned by Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>).
Disney announced it is <a href="https://www.benzinga.com/markets/equities/24/10/41245886/disney-world-closes-early-as-hurricane-milton-approaches-florida-parks-brace-for-impact">closing Disney World parks early </a>on Wednesday and transportation services could remain limited, with a plan to re-open on Thursday. The storm may have scared away a large amount of tourists. Goldman Sachs recently said Disney could see a<a href="https://www.benzinga.com/general/entertainment/24/10/41229099/disney-faces-150m-200m-blow-from-hurricane-milton-attendance-set-to-drop-6-says-goldman-sac"> $150 million to $200 million</a> negative impact from Hurricane Milton.
Morgan Stanley analyst Megan Alexander sees Hurricane Milton having a negative impact on fitness centers Planet Fitness (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLNT#NYSE">PLNT</a>) and Life Time Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LTH#NYSE">LTH</a>) and indoor golf facility company Topgolf Callaway Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MODG#NYSE">MODG</a>).
"Overall, PLNT appears to be the most exposed across our coverage particularly given the concentration of corporate locations in the state," Alexander said.
The analyst, who has an Overweight rating and a $84 price target on Planet Fitness, said Florida represents around 25% of corporate-owned locations. Store closures could negatively impact new membership additions, but Alexander added that the monthly membership fee revenue model could insulate the company from a negative impact.
The analyst sees Life Time Group, rated Equal Weight with a $21 price target, having a minimal impact with only five locations in Florida, which is less than 3% of total locations.
Alexander said Topgolf has nine locations in Florida, with five currently closed due to Hurricane Milton. The analyst, who has an Underweight rating and a $10 price target on the stock, said Topgolf will likely see a minimal impact unless locations have severe storm damage and have to be closed for an extended time period.  
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41231817/hurricane-milton-dire-warning-if-you-choose-to-stay-youre-going-to-die-officials-encourage-writing-n">Hurricane Milton Dire Warning: &#8216;If You Choose To Stay &#8230; You&#8217;re Going To Die,&#8217; Officials Encourage Writing Name On Arm In Permanent Marker For ID</a></li>
</ul>
Image of Hurricane Milton courtesy of NASA.

Analyst Color

Health Care

Price Target

Reiteration

Analyst Ratings

Insurance

CADE

CMCSA

EMRAF

FITB

MODG

PLNT

Hurricane Milton Descends On Florida: Analysts Warn Of Impact On Disney, NextEra's Florida Power & Light, Regional Banks

NextEra Energy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) short percent of float has risen 3.31% since its last report. The company recently reported that it has 38.42 million shares sold short, which is 1.87% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.59 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>NextEra Energy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727960422_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for NextEra Energy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing NextEra Energy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, NextEra Energy's peer group average for short interest as a percentage of float is 2.12%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into NextEra Energy's Recent Short Interest

Financial giants have made a conspicuous bullish move on NextEra Energy. Our analysis of options history for NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) revealed 9 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 22% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $221,822, and 3 were calls, valued at $160,385.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $65.0 to $92.5 for NextEra Energy over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for NextEra Energy's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of NextEra Energy's whale trades within a strike price range from $65.0 to $92.5 in the last 30 days. 
<h3>NextEra Energy Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727809290_0_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$22.95</td>
<td>$22.6</td>
<td>$22.75</td>
<td>$65.00</td>
<td>$57.1K</td>
<td>334</td>
<td>25</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$2.82</td>
<td>$2.78</td>
<td>$2.82</td>
<td>$85.00</td>
<td>$56.4K</td>
<td>252</td>
<td>203</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.61</td>
<td>$0.6</td>
<td>$0.6</td>
<td>$81.00</td>
<td>$50.8K</td>
<td>223</td>
<td>12</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$6.6</td>
<td>$6.55</td>
<td>$6.6</td>
<td>$82.50</td>
<td>$46.8K</td>
<td>4.3K</td>
<td>89</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.8</td>
<td>$0.59</td>
<td>$0.6</td>
<td>$81.00</td>
<td>$39.8K</td>
<td>223</td>
<td>1.5K</td>
</tr>
</tbody>
</table>

<h3>About NextEra Energy</h3>
NextEra Energy's regulated utility, Florida Power &amp; Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&amp;L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.
Having examined the options trading patterns of NextEra Energy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of NextEra Energy</h3>
<ul>
<li>With a volume of 4,683,214, the price of NEE is up 0.94% at $85.33. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 21 days.</li>
</ul>
<h3>Expert Opinions on NextEra Energy</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $89.75.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Overweight rating on NextEra Energy, which currently sits at a price target of $90. 
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on NextEra Energy with a target price of $80. 
&#x2A; An analyst from Jefferies downgraded its action to Hold with a price target of $87. 
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on NextEra Energy, maintaining a target price of $102. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for NextEra Energy, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

NextEra Energy's Options Frenzy: What You Need to Know

Barclays analyst Betty Jiang maintains NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) with a Equal-Weight and raises the price target from $76 to $80.

Barclays Maintains Equal-Weight on NextEra Energy, Raises Price Target to $80

While the S&amp;P 500 is up 20.30% year-to-date, utilities — tracked by Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) — <a href="https://www.benzinga.com/topic/utilities">have surged by 26.99%</a>. 
The sector is outpacing the market's biggest names, including tech and communication services.
The leaders posting significant gains in this space include NextEra Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>), Southern Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>) and Duke Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>). But it&#8217;s Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) and Constellation Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) that are embracing the AI revolution to supercharge their growth.
<h2 class="wp-block-heading">Vistra, Constellation: The New Tech Titans?</h2>
Vistra stock has rocketed 205.61% this year, becoming the top-performing stock in the S&amp;P 500. With its focus on nuclear energy, it's carving a niche in powering AI data centers.
Constellation Energy is up 119.86%, and has similarly thrived. The company struck deals with Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) to fuel the tech giant's AI and cloud infrastructure with clean nuclear energy.
Read Also: <a href="https://www.benzinga.com//node/40957437">Microsoft Taps Constellation For 20-Year Carbon-Free Power – 3,400 Jobs Coming To Pennsylvania</a>
These partnerships make utilities a surprising AI play, blending old-school reliability with cutting-edge tech applications. The newfound relevance of nuclear power in the AI era is a growth driver that no one saw coming.
<h2 class="wp-block-heading">Are Utilities The New Safe Haven?</h2>
While utilities have long been a defensive play, their AI adoption has turned them into a growth story. 
Funds like the Virtus Reaves Utilities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTES#NYSE">UTES</a>), an actively managed fund, are gaining attention. With over 40% year-to-date returns, it's outperforming traditional market-weighted sector peers. UTES' smart bets on Vistra and Constellation have paid off handsomely, proving that even "boring" sectors can surprise investors.
Looking ahead, the rise of electrification-themed ETFs, such as those filed by Global X and Tema, suggests that utilities may continue to thrive in the AI-driven future.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40903154/13-etfs-to-own-as-fed-set-to-cut-rates-analysts-highlight-utilities-real-estate-and">13 ETFs To Own As Fed Set To Cut Rates: Analysts Highlight Utilities, Real Estate, And More</a></li>
</ul>

MSFT

UTES

Utilities Outpace S&P 500, Fueled By AI: These 2 Stocks Lead The Charge

NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) has outperformed the market over the past 15 years by 1.06% on an annualized basis producing an average annual return of 13.09%. Currently, NextEra Energy has a market capitalization of $173.64 billion. 
Buying $100 In NEE: If an investor had bought $100 of NEE stock 15 years ago, it would be worth $635.28 today based on a price of $84.48 for NEE at the time of writing.
<h3>NextEra Energy's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727469064_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Morgan Stanley analyst David Arcaro maintains NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) with a Overweight and raises the price target from $87 to $90.

Morgan Stanley Maintains Overweight on NextEra Energy, Raises Price Target to $90

Investors with a lot of money to spend have taken a bullish stance on NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NEE, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 29 options trades for NextEra Energy.
This isn't normal.
The overall sentiment of these big-money traders is split between 65% bullish and 20%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $258,382, and 28, calls, for a total amount of $6,361,803.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $55.0 to $92.5 for NextEra Energy over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for NextEra Energy's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across NextEra Energy's significant trades, within a strike price range of $55.0 to $92.5, over the past month.
<h3>NextEra Energy Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727202655_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$3.2</td>
<td>$3.1</td>
<td>$3.15</td>
<td>$90.00</td>
<td>$724.5K</td>
<td>1.9K</td>
<td>2.3K</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$31.35</td>
<td>$30.65</td>
<td>$30.65</td>
<td>$55.00</td>
<td>$634.4K</td>
<td>3.0K</td>
<td>1.5K</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$31.15</td>
<td>$30.55</td>
<td>$30.55</td>
<td>$55.00</td>
<td>$623.2K</td>
<td>3.0K</td>
<td>2.2K</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$31.5</td>
<td>$30.55</td>
<td>$30.55</td>
<td>$55.00</td>
<td>$604.9K</td>
<td>3.0K</td>
<td>1.5K</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$30.7</td>
<td>$30.65</td>
<td>$30.65</td>
<td>$55.00</td>
<td>$588.4K</td>
<td>3.0K</td>
<td>1.2K</td>
</tr>
</tbody>
</table>

<h3>About NextEra Energy</h3>
NextEra Energy's regulated utility, Florida Power &amp; Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&amp;L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.
After a thorough review of the options trading surrounding NextEra Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of NextEra Energy</h3>
<ul>
<li>Currently trading with a volume of 4,361,135, the NEE's price is down by -0.54%, now at $84.36. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 28 days.</li>
</ul>
<h3>What Analysts Are Saying About NextEra Energy</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $90.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on NextEra Energy, which currently sits at a price target of $102. 
&#x2A; Maintaining their stance, an analyst from B of A Securities continues to hold a Neutral rating for NextEra Energy, targeting a price of $81. 
&#x2A; In a cautious move, an analyst from Jefferies downgraded its rating to Hold, setting a price target of $87. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest NextEra Energy options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

NextEra Energy Unusual Options Activity For September 24

Jefferies analyst Julien Dumoulin-Smith initiates coverage on NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) with a Hold rating and announces Price Target of $87.

Initiation

Jefferies Initiates Coverage On NextEra Energy with Hold Rating, Announces Price Target of $87

Whales with a lot of money to spend have taken a noticeably bearish stance on NextEra Energy.
Looking at options history for NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 22% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $147,015 and 5, calls, for a total amount of $194,990.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $72.5 to $90.0 for NextEra Energy during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in NextEra Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to NextEra Energy's substantial trades, within a strike price spectrum from $72.5 to $90.0 over the preceding 30 days.
<h3>NextEra Energy Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726676360_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$7.5</td>
<td>$7.35</td>
<td>$7.38</td>
<td>$77.50</td>
<td>$57.0K</td>
<td>4.7K</td>
<td style="text-align: right;">144</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$3.3</td>
<td>$3.2</td>
<td>$3.3</td>
<td>$72.50</td>
<td>$51.1K</td>
<td>374</td>
<td style="text-align: right;">172</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$4.55</td>
<td>$4.45</td>
<td>$4.45</td>
<td>$85.00</td>
<td>$43.9K</td>
<td>3.0K</td>
<td style="text-align: right;">112</td>
</tr>
<tr>
<td>NEE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$4.05</td>
<td>$3.95</td>
<td>$4.05</td>
<td>$87.50</td>
<td>$36.0K</td>
<td>75</td>
<td style="text-align: right;">112</td>
</tr>
<tr>
<td>NEE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$8.75</td>
<td>$8.7</td>
<td>$8.75</td>
<td>$85.00</td>
<td>$34.1K</td>
<td>2.9K</td>
<td style="text-align: right;">57</td>
</tr>
</tbody>
</table>

<h3>About NextEra Energy</h3>
NextEra Energy's regulated utility, Florida Power &amp; Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&amp;L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 34 GW of generation capacity, including natural gas, nuclear, wind, and solar.
<h3>Where Is NextEra Energy Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 1,889,009, with NEE's price down by -0.17%, positioned at $84.83.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 34 days.</li>
</ul>
<h3>Expert Opinions on NextEra Energy</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $90.5.
<ul>
<li>An analyst from B of A Securities has decided to maintain their Neutral rating on NextEra Energy, which currently sits at a price target of $81. </li>
<li>Consistent in their evaluation, an analyst from Scotiabank keeps a Sector Outperform rating on NextEra Energy with a target price of $92. </li>
<li>Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for NextEra Energy, targeting a price of $87. </li>
<li>An analyst from Wells Fargo has decided to maintain their Overweight rating on NextEra Energy, which currently sits at a price target of $102. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for NextEra Energy, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Looking At NextEra Energy's Recent Unusual Options Activity

Contracts

NextEra Energy To Enter Negotiations For A Carbon Pollution-Free Electricity Generation Project At The DOE's Waste Isolation Pilot Plant

On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Jim Cramer said Hewlett Packard Enterprise Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) is a &#8220;very inexpensive stock, and I am inclined down here at $17 to be as positive as you are.&#8221;
Hewlett Packard Enterprise CEO Antonio Neri recently defended the company's decision to continue its $4 billion lawsuit against the estate of Mike Lynch, following the tech magnate's recent death.
Cramer also likes Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>). The Redmond, Washington-based tech giant announced a new share repurchase program worth up to $60 billion. 
Microsoft also declared a quarterly dividend of 83 cents per share, marking a 10% increase from the previous quarter.
NextEra Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) is a &#8220;red hot stock, but the cohort's red hot. I don't think it's done, I think it can go higher.&#8221;
On Sept. 3, Wells Fargo analyst Neil Kalton maintained NextEra Energy with an Overweight rating and raised the price target from $95 to $102.
Cramer said Alight, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALIT#NYSE">ALIT</a>) has not been able to make money so far. &#8220;I want to see that company actually make money before I opine on it,&#8221; he added.
On Aug. 26, Alight named Dave Guilmette as Chief Executive Officer and reiterated its 2024 second half business outlook.
Herbalife Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLF#NYSE">HLF</a>) has no growth and he doesn't want to touch it. &#8220;Too controversial, too crazy. Let's move on,&#8221; he added.
On July 31, Herbalife reported worse-than-expected second-quarter revenue results and lowered its FY24 revenue growth below estimates.
Price Action:
<ul>
<li>NextEra Energy shares slipped 0.01% to settle at $84.64 on Monday.</li>
<li>Alight shares rose 0.7% to close at $7.28 during Monday's session.</li>
<li>Herbalife shares fell 4.9% to settle at $7.06.</li>
<li>Microsoft shares rose 0.2% to close at $431.34 on Monday.</li>
<li>Hewlett Packard shares gained 0.5% to settle at $17.23 on Monday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40877520/if-you-want-steel-you-do-nucor-says-cramer-when-asked-about-gerdau">&#8216;If You Want Steel, You Do Nucor,&#8217; Says Cramer When Asked About Gerdau</a></li>
</ul>
Image: Shutterstock

ALIT

Cramer: Hewlett Packard Is A 'Very Inexpensive' Stock, Likes This Big Tech Stock

NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) has outperformed the market over the past 10 years by 2.63% on an annualized basis producing an average annual return of 13.34%. Currently, NextEra Energy has a market capitalization of $171.58 billion. 
Buying $1000 In NEE: If an investor had bought $1000 of NEE stock 10 years ago, it would be worth $3,503.42 today based on a price of $83.48 for NEE at the time of writing.
<h3>NextEra Energy's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726151431_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning NextEra Energy Stock In The Last 10 Years

The utilities sector has emerged as the top-performing sector within the S&amp;P 500 <a href="https://www.benzinga.com/markets">so far in 2024</a>.
As of Sept. 11, the Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) has surged 22% year-to-date, outpacing all other sectors and even surpassing the technology sector – tracked by the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) – by 9 percentage points.
This marks a significant turnaround for utilities, which trailed tech by 40 percentage points in 2023.
<h3 class="wp-block-heading">Chart: Utilities Sector Outperforms S&amp;P 500, Tech Stocks In 2024</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="445" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11161618/image-89-1024x445.png" alt="" class="wp-image-543220" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11161618/image-89-1024x445.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11161618/image-89-300x130.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11161618/image-89-768x334.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11161618/image-89-1536x667.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/11161618/image-89.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091124&amp;t=be2bearmibe3na1">Benzinga Pro</a></figcaption></figure>
<h3 class="wp-block-heading">The Drivers Behind The Utility Sector Surge</h3>
The robust performance of utilities stocks in 2024 has caught many investors by surprise, especially given the broader market&#8217;s focus on growth sectors like technology in recent years. 
&#8220;There is an undeniable defensive undertone here, as defensive stocks like utilities and consumer staples are leading the charge. The lack of momentum in the previously unstoppable &#8216;Magnificent 7&#8217; tech stocks could be signaling a shift in market sentiment,&#8221; analyst Michael Gayed.
This move toward defensive assets is particularly significant amid rising concerns over macroeconomic volatility and an increasingly unpredictable interest rate environment.
Bank of America recently raised its outlook for the utilities sector to Overweight, citing a combination of income and quality characteristics, which have become increasingly attractive as volatility rises.
&#8220;Client flows have suggested no love for the sector, but single stocks have begun to see inflows in recent weeks and ETF flows have begun to trend positively since the spring,&#8221; analysts at Bank of America highlighted.
&#8220;It's remarkable that the most defensive sector of the S&amp;P 500 has officially become the year&#8217;s top performer, despite the widespread consensus that the economy is doing well,&#8221; Otavio Costa, a macro strategist at Crescat Capital, said in a post on social media X.
<h3 class="wp-block-heading">Utilities Meet Rising Demand For AI-Driven Data Centers</h3>
Indeed, a critical factor boosting the utilities sector is the rising demand for electricity tied to the growth of AI-linked data centers. 
Carly Davenport, an analyst at Goldman Sachs, highlighted this trend in a note, saying, &#8220;Data center growth is starting to contribute meaningfully to power demand, and we've seen further positive revisions to the pipeline.&#8221;
Goldman Sachs estimates that data centers will be the largest driver of U.S. power demand growth, contributing around 90 basis points (bps) to the nation&#8217;s 2.4% power demand compound annual growth rate through 2030. 
This increase in demand is expected to lead to incremental capital investments in transmission and generation capacity, potentially driving further upside for utilities stocks over the next several years.
<h3 class="wp-block-heading">Top-Performing Utility Stocks in 2024</h3>
Several utility companies have experienced outsized gains this year, driven by strong earnings, strategic investments, and sectoral tailwinds. Here&#8217;s a look at the top-performing utility stocks year-to-date through Sept. 11:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Price Chg. % (YTD)</td>
</tr>
<tr>
<td>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</td>
<td>107.95%</td>
</tr>
<tr>
<td>Constellation Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NYSE">CEG</a>)</td>
<td>60.22%</td>
</tr>
<tr>
<td>NRG Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>)</td>
<td>54.88%</td>
</tr>
<tr>
<td>NextEra Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>)</td>
<td>37.39%</td>
</tr>
<tr>
<td>Public Service Enterprise Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEG#NYSE">PEG</a>)</td>
<td>34.52%</td>
</tr>
<tr>
<td>American Electric Power Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NYSE">AEP</a>)</td>
<td>26.86%</td>
</tr>
<tr>
<td>The Southern Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>)</td>
<td>26.63%</td>
</tr>
</tbody>
</table>
</figure>
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In a report released today, Neil Kalton from Wells Fargo maintained a Buy rating on NextEra Energy (NEE – Research Report), with a price target of ...

Wells Fargo Reaffirms Their Buy Rating on NextEra Energy (NEE)

The green economy is compelling for investors due to significant growth in renewable energy, government support, and increased capital expenditure, making stocks like NextEra Energy (NEE), and Duke Energy (DUK) must-watch opportunities now. Read on... The utility sector is poised for significant growth, fueled by a strong emphasis on utility-scale solar and battery storage projects. Moreover, large-scale energy manufacturing initiatives, joint ventures, and major renewable energy projects, supported by government backing, are propelling the growth of the green economy.
Therefore, watching strong stocks like NextEra Energy, Inc. (<a href="https://stocknews.com/stock/NEE/">NEE</a>) and Duke Energy Corporation (<a href="https://stocknews.com/stock/DUK/">DUK</a>) could be wise for gaining exposure to the green economy.
Despite the need for stronger energy policies, sustainability will remain a top priority for business leaders and policymakers in the U.S. in 2024. Companies are expected to <a href="https://www.jpmorgan.com/insights/esg/sustainability/green-economy-outlook-sustainability-trends-for-2024">increase capital expenditure</a>, with more firms seeking Department of Energy funding for manufacturing and demonstration projects. This shift underscores a commitment to sustainable practices and innovation in the energy and utility sector.
Utilities, which provide essential services like heat, water, and electricity, attract investors due to their stability. Growth in infrastructure, including charging networks and hydrogen hubs, is expected to enhance the adoption of innovative technologies. The global utilities market is projected to grow at a <a href="https://www.researchandmarkets.com/report/utilities">6.8% CAGR</a>, reaching $8.31 trillion by 2027, fueled by technological integration and sustainability initiatives.
Moreover, the manufacturing industry is evolving with decentralized energy resources, grid modernization, decarbonization, and advanced automation. As a result, the global green technology market is projected to grow at a <a href="https://www.marketsandmarkets.com/Market-Reports/green-technology-and-sustainability-market-224421448.html">29.5% CAGR</a>, reaching $134.9 billion by 2030. Furthermore, increased investment in renewables, regulatory shifts, and rising electricity demand make utility stocks appealing for investors.
Considering these conducive trends, let's analyze the fundamental aspects of the three green picks.
NextEra Energy, Inc. (<a href="https://stocknews.com/stock/NEE/">NEE</a>)
NEE and its subsidiaries generate, transmit, distribute, and sell electric power to retail and wholesale customers. The company generates electricity through wind, solar, nuclear, natural gas, and other clean energy sources.
In terms of the trailing-12-month gross profit margin, NEE's 61.33% is 36.3% higher than the 44.99% industry average. Likewise, its 30.63% trailing-12-month EBIT margin is 44.2% higher than the industry average of 21.25%. On the other hand, its 0.15x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 32.5% lower than the industry average of 0.22x.
During the second quarter that ended June 30, 2024, NEE reported operating revenues of $6.07 billion, down 17.4% year-over-year. Similarly, its operating income declined 40.3% from the prior-year quarter to $1.67 billion. In addition, its adjusted earnings came in at $1.97 billion, or $0.96 per share, up 10.7% and 9.1% year-over-year, respectively.
Street expects NEE's EPS for the quarter ended September 30, 2024, to increase 3.6% year-over-year to $0.97. Its revenue for fiscal 2024 is expected to decline 2.9% year-over-year to $27.29 billion. NEE surpassed the Street EPS estimates in each of the trailing four quarters. Over the past month, the stock has gained 2.2% to close the last trading session at $82.79.
NEE's POWR Ratings reflect a mixed outlook. It has an overall rating of C, which translates to Neutral in our proprietary <a href="https://stocknews.com/stock/RYAAY/">POWR Ratings</a> system. The POWR ratings assess stocks by 118 different factors, each with its own weighting.
It is ranked #9 out of 59 stocks in the <a href="https://stocknews.com/category/utilities-domestic/">Utilities – Domestic</a> industry. It has a C grade for Stability, Sentiment, and Quality. <a href="https://stocknews.com/stock/NEE/">Click here</a> to see NEE's ratings for Growth, Value, and Momentum.
Duke Energy Corporation (<a href="https://stocknews.com/stock/DUK/">DUK</a>)
DUK and its subsidiaries operate as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&amp;I), and Gas Utilities and Infrastructure (GU&amp;I).
In terms of the trailing-12-month EBIT margin, DUK's 26.45% is 24.5% higher than the 21.25% industry average. Likewise, its 47.63% trailing-12-month EBITDA margin is 30.3% higher than the 36.55% industry average. But, DUK's 2.37% trailing-12-month Return on Total Capital is 12.5% lower than the 2.70% industry average.
DUK's total operating revenues for the second quarter that ended June 30, 2024, increased 9% year-over-year to $7.17 billion. Its operating income rose 19.4% over the year-ago value to $1.71 billion. Also, net earnings and adjusted EPS stood at $921 million and $1.18, reflecting increases of 29% and 29.7% year-over-year, respectively.
Analysts expect DUK's revenue for the quarter ended September 30, 2024, to increase 1.8% year-over-year to $8.14 billion. Its EPS for the same quarter is expected to decrease 7% year-over-year to $1.80. It surpassed the EPS estimates in three of the trailing four quarters. Over the past month, the stock has declined marginally to close the last trading session at $117.12.
DUK's uncertain outlook justifies its overall rating of C, which translates to Neutral in our proprietary rating system.
It has a C grade for Sentiment and Quality. DUK is ranked #8 in the Utilities – Domestic industry. <a href="https://stocknews.com/stock/DUK/">Click here</a> to see DUK's ratings for Growth, Value, Momentum, and Stability.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>
&nbsp;

<hr />
NEE shares were trading at $84.06 per share on Wednesday afternoon, up $1.27 (+1.53%). Year-to-date, NEE has gained 41.47%, versus a 23.57% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/nee-duk-2-stocks-to-watch-for-exposure-to-the-green-economy/>2 Stocks to Watch for Exposure to the Green Economy</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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