Reported 1 day ago
New Fortress Energy Inc. (NFE), based in New York, shows significant growth potential, ranking second among high-growth utility stocks with a staggering 94.98% average revenue growth over the past five years. The company focuses on natural gas and power solutions, expanding its presence in various countries and aiming for cleaner energy solutions. Following the sale of its Jamaican operations, analysts believe NFE is in a strong position to reduce debt and enhance financial stability, despite recent market fluctuations in utility stocks. Investors see potential in companies that can adapt to changing energy demands and offer growth opportunities.
Source: YAHOO