NextEra Energy rated Strong Buy for its key role in powering AI and data center growth.

NextEra Energy is rated a Strong Buy due to its strategic position in addressing the growing power demands driven by AI and data centers. The company's growth is expected from Florida Power & Light's large-load demand, a 33 GW backlog in Energy Resources, and a data center hub exceeding 60 GW. The analyst projects a $150 price target within 2-3 years, supported by earnings growth and premium valuation linked to AI-driven energy needs and regulated infrastructure. Risks include potential delays, regulatory challenges, and financing costs, but the company's scale and direct exposure to data center power demand make it an attractive investment opportunity.