NextEra Energy NO has outperformed the market by 5.83% on an annualized basis over the past 20 years and has produced a compound annual return of 13.62%. Currently, NextEra Energy has a market cap of $168.17 billion.
Purchase of $100 in NEE: If an investor bought $100 worth of NEE stock 20 years ago, it would be worth it $1,316.77 today based on a price of $85.59 for NEE at the time of writing.
NextEra Energy’s performance over the last 20 years
Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound returns can make in your cash growth over a period of time.
This article was created by Benzinga’s automated content engine and reviewed by an editor.
[ad_2]
Source story