10 Best Nuclear Energy Stocks to Buy Right Now

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

Number of Hedge Fund Holders: 75

NextEra Energy, Inc. (NYSE:NEE) is included among the Best Utility Stocks to Invest in. It was recently announced that UBS analyst Daniel Ford has maintained a ‘Buy’ rating on NEE, keeping its price target of $84.

The assessment comes after the recent developments in the Florida rate case, where the Office of Public Counsel (OPC) suggested a lower than expected 9.2% ROE but agreed with NextEra Energy’s equity ratio. However, the analyst expects a more favorable final verdict than the OPC’s recommendation and anticipates the upcoming Florida Public Service Commission’s Staff recommendation on June 17 to clarify the potential outcomes of the rate case.

NextEra Energy, Inc. (NYSE:NEE) is also a great dividend stock, having grown its payouts roughly at a CAGR of 10% over the last twenty years. The company aims to maintain this momentum, with plans to increase its payout by roughly 10% annually through at least 2026.

NextEra Energy, Inc. (NYSE:NEE) is the world’s largest generator of renewable energy from the wind and sun and a global leader in battery storage. Moreover, through its subsidiaries, NEE generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire, and Wisconsin.