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: Guest Contributor
Articles attributed to "Guest Contributor" are written by former employees or invited guests. Contents are for your consideration only The opinions expressed herein are those of the authors and do not necessarily represent the views of Charter Trust Company. Nothing contained in this communication should be construed as investment advice.