(11-26-2018, 12:32 AM)crimsonghost747 Wrote: Regarding NEE... I took a look a while ago and if I remember correctly: negative cash flows? For a utility? No thanks. I might be mistaken but that is what I remember.
I really like water utilities too, though as of right now they are too highly valued. I hold WTR (which is actually ok value but not a pure water utility anymore) but I might change that to AWK or AWR at some point.
Researching NEE now. It is among the few fast growers that really have my attention. It's a little tough (and probably inappropriate) to evaluate exactly like a stodgy old Ute that grows at 3%. It's definitely more volatile, but the longterm chart is up and to the right for sure. The 10% growth in EPS and DIVs, and low PE is causing that no doubt. Their CAPEX expenditures are hard on the cash flow as you mentioned. Heavily owned by institutions and they trade it like baseball cards.
I like their chances better with a different US political atmosphere but that day comes at some point. We are fickle on this side of the big pond