Here's How Much You Would Have Made Owning NextEra Energy Stock In The Last 20 Years
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NextEra Energy (NYSE:NEE) has outperformed the market over the past 20 years by 3.33% on an annualized basis producing an average annual return of 11.61%. Currently, NextEra Energy has a market capitalization of $144.62 billion.
Buying $1000 In NEE: If an investor had bought $1000 of NEE stock 20 years ago, it would be worth $8,977.07 today based on a price of $70.39 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.