NextEra Energy Stock Hits New 52-Week High (NEE)

NEW YORK ( TheStreet) -- NextEra Energy (NYSE: NEE) hit a new 52-week high Thursday as it is currently trading at $82.66, above its previous 52-week high of $82.65 with 789,345 shares traded as of 1:56 p.m. ET. Average volume has been 1.8 million shares over the past 30 days.

NextEra Energy has a market cap of $34.54 billion and is part of the utilities sector and utilities industry. Shares are up 18% year to date as of the close of trading on Wednesday.

NextEra Energy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada. The company is involved in the generation of renewable energy from wind and solar projects.

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TheStreet Ratings rates NextEra Energy as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full NextEra Energy Ratings Report.

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