NextEra Energy (NYSE:NEE) has outperformed the market over the past 20 years by 6.23% on an annualized basis.
Buying $100 In NEE: 20 years ago, an investor could have purchased 14.06 shares of NextEra Energy at the time with $100. This investment in NEE would have produced an average annual return of 12.95%. Currently, NextEra Energy has a market capitalization of $162.06 billion.
NextEra Energy's Share Price Over Last 20 Years
If you had invested $100 in NextEra Energy you would have approximately $1,160.71 today.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
