Is NextEra Energy the Smartest Investment You Can Make Today?

NextEra Energy (NYSE: NEE) has been a very wise investment over the years. The utility has benefited from two major growth drivers. It operates the country's leading electric utility in Florida -- Florida Power &  Light (FPL), which benefits from abundant sunshine and above-average population growth. In addition, the company's energy-resources segment, which is a leading operator and developer of renewable energy, is benefiting from surging demand and falling costs. Those growth catalysts are growing stronger. Electricity demand is accelerating, which will benefit FPL and energy resources in the coming years. That growth makes NextEra Energy look like one of the smartest investments you can make today.The U.S. power sector is hitting an inflection point. Electricity demand has been growing at a relatively modest pace over the past 20 years, increasing about 9% overall. However, the next two decades will be a much different story. Forecasters anticipate that power demand will surge 55% over the next 20 years, a sixfold increase in the growth rate. Demand drivers include things like the onshoring of manufacturing, the electrification of everything, and AI data centers. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool