14 Best 52-Week High Stocks to Invest In According to Short Sellers

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

Short Float: 2.34%

Short Ratio: 4.71

52 Week Range: $63.88 – $98.75

Current Share Price: $89.87

Number of Hedge Fund Holders: 72

NextEra Energy, Inc. (NYSE:NEE) is one of the best 52-week high stocks to invest in, according to short sellers. On May 18, NextEra Energy Inc. (NYSE:NEE) reached an agreement for a $66.8 billion, 100% stock-for-stock merger with Dominion Energy. The transaction is poised to close within 12 to 18 months, subject to antitrust review.

The $66.8 billion deal will result in the world’s largest electric utility company well poised to capitalize on soaring energy demand to power data centers supporting artificial intelligence. The merger is also expected to create the third-largest energy company, behind oil majors Exxon and Chevron.

With the acquisition, NextEra Energy is to gain access to Dominion’s portfolio, therefore be in a position to expand into the PJM Interconnection region. Additionally, it will be able to tap into surging demand for electricity to power data centers. With nearly 51 gigawatts of contracted data center capacity, Dominion Energy counts Alphabet, Amazon, Microsoft, and Meta among its biggest customers.

NextEra Energy, Inc. (NYSE:NEE) is a leading clean energy company and an electric power and energy infrastructure provider in North America. It generates electricity through wind, solar, nuclear, and natural gas, and is a major player in battery storage.