13 Best Nuclear Power Stocks to Buy According to Analysts

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9. NextEra Energy Inc. (NYSE:NEE)

Upside Potential as of October 6: 7.67%

With a market cap of over $169 billion as of the writing of this piece, NextEra Energy Inc. (NYSE:NEE) is the most valuable utility company in the world. The company boasts a diverse mix of energy sources, including natural gas, nuclear, renewable energy, and battery storage.

NextEra Energy Inc. (NYSE:NEE) announced recently that the U.S. Nuclear Regulatory Commission has approved the license renewal for its Point Beach Nuclear Plant Units 1 and 2, extending operations for approximately three additional decades. The development follows a similar subsequent license renewal granted to the Turkey Point Nuclear Power Plant, owned by NextEra’s subsidiary Florida Power & Light Company.

NextEra Energy Inc. (NYSE:NEE) has grown its adjusted EPS at a CAGR of 9% over the last 20 years, more than twice the growth rate of its closest competitors. The company expects to invest $75 billion through 2028 on new renewable energy, battery storage, and electricity transmission projects, allowing it to grow its EPS by 6% to 8% annually through 2027.

NextEra Energy Inc. (NYSE:NEE) has increased its dividends for 29 consecutive years, putting it among the 12 Best Dividend Aristocrat Stocks to Invest in Right Now.

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