2 Dividend Stocks to Double Up on Right Now

Source The Motley Fool

With President-elect Donald Trump taking office in early 2025, investors are reshuffling their portfolios to match sectors that are set to outperform under his policies. One area that has been hit rather hard is clean energy, as Trump has vowed to slash any climate bills put in place by the Biden administration.

However, one stock that I believe is a value play at these levels is NextEra Energy (NYSE: NEE). Its shares trade at not only a great valuation but they have a nice dividend yield with strong dividend growth.

Watch this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below.

*Stock prices used were end-of-day prices of Dec. 6, 2024. The video was published on Dec. 7, 2024.

Should you invest $1,000 in NextEra Energy right now?

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The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and NextEra Energy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $822,755!*

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*Stock Advisor returns as of December 9, 2024

Mark Roussin, CPA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends D.R. Horton and NextEra Energy. The Motley Fool has a disclosure policy.

Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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