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2 Utility Stocks to Buy in February


AI-driven power demand is reshaping the entire utility sector. Two companies positioned to capitalize on what will be a years-long trend are NextEra Energy (NYSE: NEE) and The Southern Company (NYSE: SO). Both utility stocks offer their own value propositions for long-term investors. Let's have a look at each.

NextEra owns and operates the nation's largest electric utility provider, Florida Power Light (FPL). It's also a leader in renewable energy. NextEra is on a rare growth trajectory. Through FPL, NextEra may seem like your typical regulated electric company, but population growth in Florida and increasing data center demand is transforming what's normally a boring income-producing business into a growth powerhouse.

Image source: Getty Images.

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Source Fool.com

Northeast Elec.dev. Stock

€0.021
-2.380%
A loss of -2.380% shows a downward development for Northeast Elec.dev..

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