The probability is high that NRG (NRG) will return to Fair Value. Currently, the stock is trading at 2004 prices after enduring a drop that started in 2014 June. After some good attempts to return to fair value, energy scares placed too much negative pressure on the company and pushed the stock down to current pricing levels. It has been holding on and moving sideways for the past several months. The stock is now in the Buy consideration category. The stock is considered a Market stock in the Utilities sector.
Is NRG (NRG) Ready to Return to Fair Value Range?
About the Author: Steve Albrecht
Steven Albrecht was the President and CEO of Charter Trust Company from 2001-2016