Benzinga - by Benzinga Insights, Benzinga Staff Writer.
NextEra Energy (NYSE:NEE) has outperformed the market over the past 20 years by 2.09% on an annualized basis producing an average annual return of 9.8%. Currently, NextEra Energy has a market capitalization of $113.58 billion.
Buying $100 In NEE: If an investor had bought $100 of NEE stock 20 years ago, it would be worth $647.25 today based on a price of $55.34 for NEE at the time of writing.
NextEra Energy's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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