Top 5 Stock Picks of Philip Best’s Quaero Capital

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

Quaero Capital’s Stake Value: $6.63 million

Percentage of Quaero Capital’s 13F Portfolio: 4.54%

Number of Hedge Fund Holders: 59

Philip Best’s Quaero Capital increased its stake in NextEra Energy, Inc. (NYSE:NEE) by 16% to 84,467 shares as of the end of September. NextEra Energy, Inc. (NYSE:NEE) is a great stock for long-term investors who prefer to get steady income in the form of dividends while growing their capital. The company currently offers a dividend yield of around 1.80% and its share price increased  by 14% in the last twelve months. NextEra‘s financial numbers are increasing at a solid pace. Its third-quarter adjusted earnings hit $1.48 billion compared to $1.31 billion a year ago. It expects to post full-year 2021 earnings per share in the range of $2.40-$2.54.  

NextEra Energy, Inc. (NYSE:NEE) was in 59 hedge funds’ portfolios as of June. Ken Fisher’s Fisher Asset Management and Aequim Alternative Investments were the leading stakeholders in the company.