The utility that beat Big Oil to a climate model it needs for the future

The utility that beat Big Oil to a climate model it needs for the future

NextEra Energy recently passed ExxonMobil in market cap with headlines citing the milestone for the "clean energy" company. It's also one of the biggest utilities in the world, but by combining its 20th century fossil-fuel power generation model with decades of investment in renewable energy, investors are betting it s model is the future.ALFREDO ESTRELLA | AFP | Getty ImagesSome high-profile companies on the forefront of technology innovation, including Apple and Tesla, split their stock earlier this year to make the sticker price more appealing to investors. Increasingly, retail stock investors are looking to buy smaller pieces of what many have come to see as big parts of the market's future. One of the latest companies to split its shares, and that trades at an even heftier price-to-earnings ratio than