For those who love options trading, NextEra Energy (NEE) might very well be considered an ideal candidate. That might sound strange at first glance because of how unsexy the core business is. After all, why bother spending too much time on NEE stock when you have so many other hot names, such as semiconductor companies or AI playsz, at your disposal?
Further, the soft performance of NEE stock would seem to negate any excitement. On a year-to-date basis, shares are up 9%, which is decent but not particularly jaw-dropping. Plus, its recent print is quite shallow, losing 0.43% in the trailing five sessions. NextEra has failed to convince the Barchart Technical Opinion screener, which rates NEE as a Weak Sell.
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Further, the soft performance of NEE stock would seem to negate any excitement. On a year-to-date basis, shares are up 9%, which is decent but not particularly jaw-dropping. Plus, its recent print is quite shallow, losing 0.43% in the trailing five sessions. NextEra has failed to convince the Barchart Technical Opinion screener, which rates NEE as a Weak Sell.
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4 months ago
