NextEra Energy (NYSE:NEE) has outperformed the market over the past 15 years by 4.36% on an annualized basis producing an average annual return of 10.85%. Currently, NextEra Energy has a market capitalization of $146.87 billion.
When we enter a period of economic uncertainty, the phrase "recession-proof stocks" is tossed about, but really the only certainty is that recession-proof stocks do not exist.
On the other hand, recession-resistant companies are what a savvy investor searches for during the absence of a bull market, as we are now.
NextEra Energy (NYSE:NEE) has outperformed the market over the past 5 years by 4.47% on an annualized basis producing an average annual return of 16.02%. Currently, NextEra Energy has a market capitalization of $138.73 billion.
Over the past 3 months, 7 analysts have published their opinion on NextEra Energy (NYSE:NEE) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.