• Sun. Apr 28th, 2024

If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,100 Today – NextEra Energy (NYSE:NEE)

ByBenzinga Insights

Dec 27, 2022
If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,100 Today - NextEra Energy (NYSE:NEE)

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NextEra Energy NEE has outperformed the market over the past 20 years by 5.32% on an annualized basis producing an average annual return of 12.74%. Currently, NextEra Energy has a market capitalization of $167.18 billion.

Buying $100 In NEE: If an investor had bought $100 of NEE stock 20 years ago, it would be worth $1,097.47 today based on a price of $84.13 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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Image and article originally from www.benzinga.com. Read the original article here.