5 Best Income Stocks To Buy According to Analysts

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

Upside Potential as of February 17: 22.04%

NextEra Energy, Inc. (NYSE:NEE) is a leading clean energy company in the US with a primary focus on electricity generation, transmission, and distribution. On February 16, the company announced a 10% increase in its quarterly dividend to $0.515 per share. This hike stretched the company’s dividend growth streak to 28 years, which makes NEE one of the best dividend stocks for income investors. The stock’s dividend yield on February 17 came in at 3.28%.

NextEra Energy, Inc. (NYSE:NEE) was a part of 65 hedge fund portfolios at the end of Q4 2023, up from 58 in the preceding quarter, according to our database. With roughly 4 million shares, Two Sigma Advisors was the company’s leading stakeholder in Q4.