When building your watch list, look for stocks with an 80 or higher RS Rating. NRG Energy stock just met that criteria with a new score of 81.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against other publicly traded companies.
Over 100 years of market history shows that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.
Looking For Winning Stocks? Try This Simple Routine
Is NRG Energy Stock A Buy?
NRG Energy stock is working on a cup with handle with a 40.12 buy point. See if oil & gas stock can break out in volume at least 40% higher than normal.
The integrated oil & gas firm posted negative growth for both the top and bottom lines last quarter.
NRG Energy stock earns the No. 7 rank among its peers in the Utility-Diversified industry group. MGE Energy and Public Svc Enterprise are also among the group's highest-rated stocks.
