Bullish Case: NEP's dedication to renewables aligns with global energy trends. Positive EPS growth and dividend hikes suggest strong financials and long-term value amidst a pressured sector.


Bearish Case: Persistent market volatility, sizable historical declines, and current trading below multi-year highs reflect ongoing risk and potential bearish sentiment impacting NEP's performance.


Potential Outcomes: 35% chance NEP climbs on renewable trends and financial strength; 40% chance it drops further amid volatility; 25% chance remains flat, balancing bullish and bearish forces.


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April 04, 2024


NextEra Energy Forecast

NEP        NextEra Energy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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TVTX Forecast + Options Trading Strategies   TVTX  Travere Therapeutics (0.89)


AY Forecast + Options Trading Strategies   AY  Atlantica Sustainable Infrastructure (0.88)


SJM Forecast + Options Trading Strategies   SJM  J.M. Smucker (0.88)


EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to NEP



CNI Forecast + Options Trading Strategies   CNI  Canadian National Railway (-0.0)


AMPH Forecast + Options Trading Strategies   AMPH  Amphastar Pharmaceuticals (-0.0)


UGL Forecast + Options Trading Strategies   UGL  ProShares Ultra Gold (-0.0)


OTIS Forecast + Options Trading Strategies   OTIS  Otis Worldwide (-0.0)


GLL Forecast + Options Trading Strategies   GLL  ProShares UltraShort Gold (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NEP



LFMD Forecast + Options Trading Strategies   LFMD  LifeMD (-0.76)


PRDO Forecast + Options Trading Strategies   PRDO  Perdoceo Education (-0.78)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.79)


AJG Forecast + Options Trading Strategies   AJG  Arthur J. Gallagher (-0.8)


CME Forecast + Options Trading Strategies   CME  CME (-0.81)





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