Forget Tech Stocks: The Utility Play That Could Outperform Nvidia | The Motley Fool

Forget Tech Stocks: The Utility Play That Could Outperform Nvidia | The Motley Fool

By Catie Hogan
Publication Date: 2026-02-05 18:43:00

NextEra Energy has a dual-business model that puts it in a great position for growth.

Nvidia (NVDA 1.35%) and other artificial intelligence (AI) companies dominated headlines with their meteoric stock performances over the past few years, but the behind-the-scenes businesses powering AI leaders are poised for serious gains now as well. Energy companies will play a vital role as AI electricity demand continues to compound. One of the most critical companies in providing the required power is NextEra Energy (NEE 0.88%).

Today’s Change

(-0.88%) $-0.79

Current Price

$89.18

Sunny days ahead for NextEra

The Florida-based utility company is uniquely positioned to succeed as AI infrastructure projects expand, while also offering the stability of a traditional electric company. Consistent dividends lower NextEra’s risk profile, while its renewables arm powers its exciting future growth. This dual-business model could make NextEra the real winner of the AI age.

A city at dusk is powered by solar panels situated in the foreground.

Image source: Getty Images.

It won’t be easy to outpace Nvidia’s stock. In just the past 12 months, Nvidia is up more than 50%, but NextEra’s double-dipping in regulated utilities and renewables gives it multiple growth engines.

Nvidia Stock Quote

Today’s Change

(-1.35%) $-2.36

Current Price

$171.83