Benzinga - by Benzinga Insights, Benzinga Staff Writer.
NextEra Energy (NYSE:NEE) has outperformed the market over the past 10 years by 1.21% on an annualized basis producing an average annual return of 10.91%. Currently, NextEra Energy has a market capitalization of $121.13 billion.
Buying $1000 In NEE: If an investor had bought $1000 of NEE stock 10 years ago, it would be worth $2,774.94 today based on a price of $59.04 for NEE at the time of writing.
NextEra Energy's Performance Over Last 10 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.
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