14 Trending AI Stocks on Latest Ratings and News

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8. NRG Energy, Inc. (NYSE:NRG)

Number of Hedge Fund Holders: 49

NRG Energy, Inc. (NYSE:NRG) operates as an energy and home services company in the United States and Canada. The firm is emerging as an important AI firm because it produces and sells electricity, vital for powering the AI needs of companies and consumers alike. On November 19, BMO Capital raised the price target on the stock to $100 from $94 and kept a Market Perform rating on the shares. The company provided its much-anticipated long-term outlook refresh with its Q3 results, and both 2024 and 2025 EBITDA midpoints exceeded consensus estimates, the advisory told investors in a research note. At an implied sub-12% free cash flow yield and 12-times P/E on 2026 estimates, and given NRG’s significant buybacks, upside leverage to power, and additional value creation potential, BMO sees incrementally favorable risk return in its shares.

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