5 Best Energy Stocks To Buy Now

Page 1 of 5

In this piece, we will take a look at the 5 best energy stocks to buy now. If you want to go through our overview of the global energy industry and some latest events, then you can take a look at the 15 Best Energy Stocks To Buy Now.

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

Number of Hedge Fund Holders: 65

NextEra Energy, Inc. (NYSE:NEE) operates across the spectrum of electric power, encompassing the generation, transmission, distribution, and sale of electricity throughout North America. In addition, the company is actively involved in trading energy commodities and oversees electric generation facilities in wholesale energy markets.

On January 25, NextEra Energy, Inc. (NYSE:NEE) announced its Q4 non-GAAP EPS of $0.52 and reported revenue of $6.87 billion. These figures surpassed Wall Street’s expectations by $0.03 and $550 million, respectively.

According to Insider Monkey’s fourth quarter database, 65 hedge funds were bullish on NextEra Energy, Inc. (NYSE:NEE), up from 58 funds in the prior quarter. John Overdeck and David Siegel’s Two Sigma Advisors held the largest position in the company, with 3.9 million shares worth $237.21 million.

Page 1 of 5