NextEra Energy: Growth Stock or Value Stock?

What a difference a few years makes. Just over a year ago, we wrote about The Biggest Renewable Energy Company in the World which happened to be NextEra Energy (NEE). Today, Exxon Mobil (XOM) is nearly three times the size of NextEra Energy as the price of oil has gone from negative to around $80 a barrel. Most of the world’s infrastructure relies on petroleum, something that won’t change anytime soon. Our rules-based investment strategy means we hold big oil companies and green energy stocks. Provided these companies continue increasing their dividends, we’ll continue holding them into the future.

NextEra Energy is the only stock we hold in our tech portfolio and our dividend growth investing (DGI) portfolio. It’s been a year since we checked in with NextEra, so let’s start with a key metric for disruptive tech stocks – revenue growth.

NextEra’s Revenue Growth

A subscriber recently pointed out that revenue growth for NextEra Energy has stalled, and indeed it has. However, it looks like they’ll be back in the game for 2022 (we used the