5 Best Green Stocks To Invest In

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

Number of Hedge Fund Holders: 59

NextEra Energy, Inc. (NYSE:NEE) ranks third on our list of the best green stocks to buy now. On October 20, the company announced its Q3 results, posting an EPS of $0.75, beating the estimates by $0.04. NextEra Energy, Inc. (NYSE:NEE) is an American energy company that is considered as one of the largest producers of renewable energy, mainly wind and solar.

On October 15, NextEra Energy, Inc. (NYSE:NEE) declared a quarterly dividend of $0.385 per share, yielding 1.89%. The company has a track record of 11 years of consistent dividend growth. This July, Credit Suisse initiated its coverage on NextEra Energy, Inc. (NYSE:NEE) with an Outperform rating and an $85 price target. The stock gained 13.5% in 2021.

At the end of Q2, 59 hedge funds tracked by Insider Monkey reported having stakes in NextEra Energy, Inc. (NYSE:NEE), down from 63 in the previous quarter. The total value of these stakes is over $2.6 billion.