Nextera Case

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From June 24th to July 29th, the NextEra stock showed the fourth highest percent increase of price in my portfolio. At NextEra’s beginning price of $123.80, I bought 12 shares, totaling to be a $1485.60 investment for my portfolio. Through the five weeks, NextEra only had two weeks of a loss in profit, with the largest loss due to a drop in price of $2.35 (1.81%), correlating to a total value loss of $28.20. On the other hand, NextEra had three weeks of a gain in profit, with the largest gain due to an increase in price of $5.91 (4.77%), correlating to a total value gain of $70.92. At the end of five weeks, the ending price of NextEra was $128.26, correlating to a total value of $1539.12. This calculates out to be a price increase of $4.46 (3.60%), or a profit of …show more content…

With resources such as oil beginning to dwindle, the world has begun to look for other resources that are both environmental friendly and sustainable. By studying the past five quarters of financial reports for NextEra, it came as no surprise that this stock would produce a profit over the five weeks. On an adjusted basis, NextEra’s 2015 fourth-quarter earnings were $539 million, or $1.17 per share, compared to $458 million, or $1.03 per share, in the fourth-quarter of 2014. For the full year 2015, NextEra’s earnings on an adjusted basis were $2.6 billion, or $5.71 per share, compared to $2.3 billion, or $5.30 per share, in 2014. As for 2016, NextEra’s first-quarter earnings on an adjusted basis were $715 million, or $1.55 per share, compared to $631 million, or $1.41 per share, in the first-quarter of 2015. NextEra Energy continues to expect adjusted earnings per share to be in the range of $5.85 to $6.35 for 2016 and in the range of $6.60 to $7.10 for 2018, implying a compound annual growth rate of 6 to 8 percent per year through 2018, off a 2014 base. With this outlook, I would purchase this stock in the

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