NextEra Energy (NYSE:NEE) has outperformed the market over the past 20 years by 2.86% on an annualized basis producing an average annual return of 10.74%. Currently, NextEra Energy has a market capitalization of $130.93 billion.
Buying $1000 In NEE: If an investor had bought $1000 of NEE stock 20 years ago, it would be worth $7,675.14 today based on a price of $63.80 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.