One important metric to look for in a stock is an 80 or higher Relative Strength Rating. NextEra Energy stock cleared that benchmark Thursday, with a jump from 71 to 81 Thursday.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest climbs.
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Is NextEra Energy Stock A Buy?
NextEra Energy stock is working on a with an 80.47 entry. See if the utility stock can break out in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
In terms of top and bottom line numbers, the company has posted two quarters of accelerating earnings growth. Revenue gains have not followed the same trajectory, coming in at -17% in the most recent report. NextEra Energy is expected to report its next quarterly numbers on or around Jul. 25.
NextEra Energy stock holds the No. 3 rank among its peers in the Utility-Electric Power industry group. Portland General Electric is the No. 1-ranked stock within the group.
