Energy companies aren't always the flashiest, but they can be great investments if you buy the right one at a solid price. NextEra Energy (NYSE: NEE) has been very lucrative for a long time. The stock has generated over 15,000% in total returns over its lifetime. Notably, a tremendous wild card in U.S. infrastructure could impact the nation's electricity demands, creating ripe conditions.
Open FlipBrookfield Renewable (NYSE: BEPC)(NYSE: BEP) has done a magnificent job over the years delivering a growing dividend to its investors. The leading renewable energy producer has increased its payout at a 6% compound annual rate since its inception in 1999. That steady growth has helped push its dividend yield up to 5%.
Open FlipEnphase Energy's (NASDAQ: ENPH) slowdown took a noticeable turn for the worse in the first quarter of 2024 as sales fell below $300 million for the first time in over three years, and Enphase reported a net loss. However, management is seeing signs of a recovery and reiterated the optimism it shared on prior earnings calls about the second half of this year.
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