5 Stocks Stanley Druckenmiller is Selling

In this article, we discuss the 5 stocks Stanley Druckenmiller is selling. If you want to read our detailed analysis of these stocks, go directly to the 10 Stocks Stanley Druckenmiller is Selling.

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

Number of Hedge Fund Holders: 63

NextEra Energy, Inc. (NYSE: NEE) is ranked fifth on our list of 10 stocks Stanley Druckenmiller is selling. The company’s shares have returned 17% to investors in the past year. The firm is based in Florida and makes and sells electric power. At the end of the first quarter of 2021, Druckenmiller had sold off the entire Duquesne Capital stake in the firm. 

NextEra Energy, Inc. (NYSE: NEE) is a good option for investors who want steady income on the side. On May 20, the company declared a quarterly dividend of $0.3865 per share, in line with previous. The forward yield was 2.07%. 

Out of the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management  is a leading shareholder in the firm with 13.6 million shares worth more than $1 billion.