Syeda Seirut Javed
2 min read
In This Article:
NRG Energy, Inc. (NYSE:NRG) is one of the top 10 S&P 500 winners of the day that Jim Cramer highlighted. During the episode, Cramer mentioned the stock and commented:
“Then there’s NRG. I mean, it’s part of a small group of utilities known for their relatively clean power, and a lot of tech companies want clean energy for their data centers. NRG works directly with them, and it also partners with GE Vernova, a Charitable Trust holding that makes the turbines for their power plants.”
Close up image of an engineer inspecting the control panel of a modern power plant.
NRG Energy (NYSE:NRG) is an energy and home services company that generates and sells electricity from several sources. The company also provides smart home solutions and offers a wide range of retail and energy management services. On June 26, the stock’s coverage was initiated by Barclays with an Overweight rating and a $197 price target.
Analyst Nicholas Campanella noted that NRG operates a competitive power and natural gas business in the U.S., supported by a home services segment that aligns with its broader growth strategy. Barclays views NRG Energy (NYSE:NRG) as offering notable upside sensitivity to power prices, while trading at one of the lowest valuations among independent power producers.
While we acknowledge the potential of NRG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
