5 Best Regulated Electric Stocks to Buy According to Hedge Funds

2. NextEra Energy Inc. (NYSE:NEE)

NextEra Energy Inc. (NYSE:NEE) is one of the 10 best regulated electric stocks to buy according to hedge funds.

On March 3, NextEra Energy Inc. (NYSE:NEE) announced that it plans to build new power generation capacity between 15 GW and 30 GW in the U.S. to serve data centres by 2035, based on the company’s presentation. The company stated that 30 GW of capacity could be enough to power 22M homes.

The capacity will be developed mainly through gas-based sources, as the company cited that it had a pipeline of over 20 GW of gas-based generation capacity. The company also plans investor meetings in March to discuss its operations and financial performance.

Back on February 20, Morgan Stanley increased the firm’s price target on NextEra Energy Inc. (NYSE:NEE) to $106 from $104. The firm maintained an Overweight rating on the shares that currently yield an upside potential of more than 14%.

Morgan Stanley reflected on fourth-quarter earnings, suggesting that most discussions would revolve around data center power-demand pipelines, though affordability pressures and political considerations could lead to a more balanced tone.

NextEra Energy Inc. (NYSE:NEE) operates as a dual-engine energy holding company, balancing stable, regulated electric utility services with large-scale, competitive clean energy generation. By leveraging a diverse portfolio of wind, solar, nuclear, and natural gas assets, the company delivers reliable power solutions to millions of retail and wholesale energy customers.