Profitable Investing, and have mentioned in
InvestorPlace numerous times. And there are plenty of good reasons. The company is the writer of the playbook of modern utilities in the U.S. as it moved from its regulated business in Florida to become one of the world’s largest wind and solar companies in the world by power generation capacity throughout North America.
Let’s start with the stock, which has returned 663.65% for
Profitable Investor subscribers including this year’s year to date return of 24.35%.
Source: NextEra Energy (NEE) — Source: Bloomberg
The stock is not just going up, it reflects a building value in the underlying company. The underlying intrinsic value (book) of the company has been rising by an average of 9.72% on a compound annual growth rate (CAGR) basis.