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Relatively High Return on Equity Detected in Shares of Nextera Energy in the Electric Utilities Industry (NEE, OGE, MGEE, EXC, LNT)

By Amy Schwartz

Below are the three companies in the Electric Utilities industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Nextera Energy ranks highest with a ROE of 2,825.6%. Following is Oge Energy Corp with a ROE of 1,751.2%. Mge Energy Inc ranks third highest with a ROE of 1,293.7%.

Exelon Corp follows with a ROE of 1,183.9%, and Alliant Energy rounds out the top five with a ROE of 1,175.6%.

SmarTrend recommended that subscribers consider buying shares of Alliant Energy on June 19th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $40.78. Since that recommendation, shares of Alliant Energy have risen 7.7%. We continue to monitor Alliant Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity nextera energy oge energy corp mge energy inc exelon corp alliant energy