Juno Beach, Florida-based NextEra Energy, Inc. (NEE) generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company has a market cap of $170.7 billion and operates through Florida Power & Light Company (FPL) and NEER segments. NextEra generates electricity from wind, solar, nuclear, natural gas, and other clean energy assets.
Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” NEE fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the regulated electric utilities industry.
