NRG Energy had its Relative Strength (RS) Rating upgraded from 80 to 91 Thursday.
IBD's proprietary RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves.
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NRG Energy is working on a consolidation with a 117.26 buy point. See if the stock can break out in volume at least 40% higher than normal.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 37%, compared to 19% in the prior report. Revenue increased from -9% to 0%. Look for the next report on or around May 1.
NRG Energy earns the No. 8 rank among its peers in the Utility-Diversified industry group. Ameren Corp, Chesapeake Utilities and Alliant Energy are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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