Jim Cramer on NextEra Energy Inc. (NEE): ‘Red Hot Stock!' [Yahoo! Finance]
NextEra Energy, Inc. (NEE)
Last nextera energy, inc. earnings: 4/22 07:30 am
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Source: Yahoo! Finance
In a recent episode of Mad Money, Jim Cramer discussed the current divide between tech stocks and other sectors, highlighting their tendency to move in opposite directions. For example, on a day when the Dow Jones Industrial Average increased by 228 points and the S&P 500 went up by 0.13%, the NASDAQ, which is heavily influenced by tech stocks, dropped by 0.52%. Cramer thinks it's because there isn't enough new money flowing into the market. "How did we get to this bizarre dichotomy between tech stocks and pretty much everything else, where the two groups now almost always seem to move in opposite directions? Take today: the Dow Jones Industrial Average gained 228 points, the S&P advanced 0.13%, but the NASDAQ—with all that tech in it—dropped a bomb. Yes, it fell 0.52%. How could there be such a schism?" As a result, large institutions need to move their investments between sectors since they can't invest in both at once. This shift is due to market mechanics rather than fundamen
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NEE
News
- NextEra Energy Is Overvalued [Seeking Alpha]Seeking Alpha
- NextEra Energy, Inc. (NYSE: NEE) is now covered by analysts at Jefferies Financial Group Inc.. They set a "hold" rating and a $87.00 price target on the stock.MarketBeat
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NEE
Earnings
- 7/25/24 - Beat
NEE
Sec Filings
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- NEE's page on the SEC website