5 Best 52-Week Low Stocks To Buy Now

3. NextEra Energy, Inc. (NYSE:NEE)

Number of Hedge Fund Holders: 59

NextEra Energy, Inc. (NYSE:NEE) was hovering around its 52-week lows on August 16 morning.

As of the end of the first quarter of 2023, 59 hedge funds out of the 943 funds tracked by Insider Monkey reported owning stakes in NextEra Energy, Inc. (NYSE:NEE). The biggest stakeholder of NextEra Energy, Inc. (NYSE:NEE) during this period was John Overdeck and David Siegel’s Two Sigma Advisors which owns a $152 million stake in the company.

ClearBridge Investments made the following comment about NextEra Energy, Inc. (NYSE:NEE) in its Q3 2022 investor letter:

“NextEra Energy, Inc. (NYSE:NEE) is an integrated utility business with a regulated utility operating in Florida and the largest wind business in the U.S. NextEra’s regulated business includes Florida Power & Light, which serves nine million people in Florida. NextEra’s share price rose along with the passage of the U.S. Inflation Reduction Act, which considerably expands support for renewable energy.”