5.59BMarket Cap10.28P/E (TTM)
27.720High27.190Low1.08MVolume27.600Open27.600Pre Close29.65MTurnover1.98%Turnover Ratio10.28P/E (Static)205.04MShares39.80952wk High3.41P/B1.49BFloat Cap24.75352wk Low0.40Dividend TTM54.68MShs Float59.006Historical High1.47%Div YieldTTM1.92%Amplitude6.240Historical Low27.360Avg Price1Lot Size
New Fortress Energy Stock Forum
ColumnsUS Top Gap Ups and Downs on 12/15: RBLX, NFLX, TTD, ETSY and More
Gap Ups
There are no up gaps after the last trading session for the stocks with a market cap above $5 billion.
Gap Downs
1. $Roblox(RBLX.US)$ - down 6.23%
2. $New Fortress Energy(NFE.US)$ - down 5.11%
3. $Western Digital(WDC.US)$ - down 4.91%
4. $Netflix(NFLX.US)$ - down 3.5%
5. $ICL Group(ICL.US)$ - down 3....
ColumnsUS Top Gap Ups and Downs on 12/13: PINS, MRNA, DOCU, EQNR and More
Gap Ups
1. $New Fortress Energy(NFE.US)$ - up 6.26%
2. $Coherent(COHR.US)$ - up 5.53%
3. $Pinterest(PINS.US)$ - up 4.94%
4. $Moderna(MRNA.US)$ - up 4.69%
5. $Zillow-A(ZG.US)$ - up 4.49%
6. $Inspire Medical Systems(INSP.US)$ - up 4.27%
7. $DocuSign(DOCU.US)$ - up 3.23%
8. $Block(SQ.US)$ - up 3.12...
Start of a pullback?
Watch out for outperforming stocks like $New Fortress Energy(NFE.US)$$MP Materials(MP.US)$
Don't Wait for a Market Crash to Buy This Growth Stock
NextEra Energy is really two companies in one.
The core, or foundation, is a slow-growing, and well-positioned, regulated electric utility.
The other is one of the largest renewable power businesses on Earth, and it's still growing at a rapid clip.
NextEra Energy (NYSE:NEE) is not a cheap stock, and it really never is, which is why investors with a growth bias shouldn't wait for a market crash to jump aboard. In fact, it's not just growth investors who will love NextEra, but dividend growth types too. Here's what you need to know.
The core
The foundation of NextEra's business is a boring old electric utility. Known as Florida Power & Light, this business, plus some smaller operations in the Sunshine State, serves 11 million customers. It is the largest regulated electric utility in the United States. That means that it has been granted a monopoly in the markets it serves, but, in exchange, it must get its rates approved by the government.
This is actually a pretty good deal for the utility, because it generally means slow and consistent growth over time regardless of what's going on in the stock market. That's driven by capital spending to ensure adequate and reliable power for customers, which regulators view quite favorably. And Florida's population has been growing for years, so NextEra also gets the benefit of operating in a really desirable region.
But nothing here, in and of itself, should excite a growth investor. Utilities are generally slow and steady behemoths that toss off reliable cash flows. Where things start to get exciting is that NextEra is using this core business to help fund the build-out of a giant renewable power operation.
Article excepted from The Motley Fool.
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