10 Best Bear Market Stocks to Invest In Right Now

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6. NextEra Energy, Inc. (NYSE:NEE)

Number of Hedge Fund Holders: 72

On April 21, David Arcaro of Morgan Stanley lowered the firm’s price recommendation on NextEra Energy, Inc. (NYSE:NEE) to $107 from $108. It reiterated an Overweight rating on the shares. He said the firm is updating price targets for Regulated & Diversified Utilities and IPPs in North America under its coverage. In March, utilities outperformed the S&P 500’s return.

On April 21, Shahriar Pourreza of Wells Fargo raised the firm’s price objective on NEE to $99 from $98. It maintained an Overweight rating on the shares. After discussions with the companies, the firm updated its Q1 2026 estimates to reflect known and measurable drivers across its regulated utility coverage. It also raised its base value multiple times to 17.5 times from 17 times.

NextEra Energy, Inc. (NYSE:NEE) is an electric power and energy infrastructure company. It operates through its wholly owned subsidiaries, NextEra Energy Resources, LLC, and NextEra Energy Transmission, LLC, together referred to as NEER, as well as Florida Power & Light Company.

While we acknowledge the potential of NEE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NEE and that has 100x upside potential, check out our report about the cheapest AI stock.

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