If you are wondering whether NRG Energy’s share price still reflects good value after a strong run, this article will walk through what the numbers actually say about the stock.
NRG Energy recently closed at US$149.93, with returns of 55.9% over the past year and a very large gain over the past 3 years, even though the stock has seen a 1.4% decline over 7 days, a 6.8% decline over 30 days, and a 9.8% decline year to date.
Recent coverage has focused on NRG as a major US utilities player with a retail power and services footprint, as investors reassess how these kinds of businesses fit into their portfolios. This context helps frame the pullback over recent weeks in light of the strong multi year run that long term holders have…
