5 Best Energy Stocks for 2022

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

Number of Hedge Fund Holders: 55

NextEra Energy, Inc. (NYSE:NEE) is an electric power and energy infrastructure company. The company was founded in 1984 with its headquarters in Juno Beach, Florida. NextEra Energy, Inc. (NYSE:NEE) is the world’s largest producer of wind and solar energy. It is also the world’s largest utility company. With a market capitalization of $160.122 billion, the company is America’s largest capital investor in infrastructure. NextEra Energy, Inc. (NYSE:NEE) was ranked No.1 in the electric and gas utility industry on Fortune’s 2022 list of “World’s Most Admired Companies”.

The organization received positive ratings from many analysts during the first quarter of 2022. Recently, Wells Fargo analyst Neil Kalton raised the price target on NextEra Energy, Inc. (NYSE:NEE) to $107 from $102 and gave it an Overweight rating. Similarly, KeyBanc analyst Sophie Karp upgraded NextEra Energy, Inc. (NYSE:NEE) to ‘Overweight’ from Sector Weight with a price target of $87.