5 Solar Energy Stocks That Billionaires Are Piling Into

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

Number of Billionaire Investors In Q3 2023: 15

NextEra Energy, Inc. (NYSE:NEE) is one of the biggest solar power generation companies in the U.S., capable of generating more than three thousand megawatts of solar electricity. The firm has beaten analyst EPS estimates in all four of its latest quarters, and it aims to add 30 million solar panels to its portfolio by 2030.

By the end of this year’s third quarter, 58 out of the 910 hedge funds surveyed by Insider Monkey had bought the firm’s shares. NextEra Energy, Inc. (NYSE:NEE)’s largest hedge fund shareholder is Ken Fisher’s Fisher Asset Management as it owns 9.7 million shares that are worth $560 million.

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