NextEra Energy (NYSE:NEE) has outperformed the market over the past 10 years by 2.63% on an annualized basis producing an average annual return of 13.34%. Currently, NextEra Energy has a market capitalization of $171.58 billion.
Buying $1000 In NEE: If an investor had bought $1000 of NEE stock 10 years ago, it would be worth $3,503.42 today based on a price of $83.48 for NEE at the time of writing.
NextEra Energy's Performance Over Last 10 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.