Is It Too Late to Buy NextEra Energy Stock?

Over the past three months, the average utility stock in the S&P 500 index has gained around 10% using Utilities Select Sector SPDR ETF as an industry proxy. That compares to a roughly 6% advance for the broader S&P 500 Index. But NextEra Energy (NYSE: NEE) gained more than 20% over the same period, which is nothing short of impressive.Have you missed out? Maybe, but it depends on your investment goals.Historically, utilities were considered so safe that even widows and orphans could feel comfortable owning them. While NextEra Energy probably shouldn't be looked at as a risky company, it does things a bit differently from your average utility. About 70% of the business is tied to a boring old regulated utility, Florida Power & Light (FP&L). The rest of business is its fast-growing renewable power operation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Zum vollständigen Artikel