30 Best AI Stocks to Buy According to Billionaires

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

Number of Hedge Fund Holders: 53

Number of Billionaire Investors: 13

Value of Billionaire Holdings: $1 Billion 

NRG Energy, Inc. (NYSE:NRG) operates as an energy and home services company in the United States and Canada. In the earnings call for the fourth quarter of 2024, the management of the firm cited upside opportunities from data center power purchase agreements, rising power prices, and the expansion of the supply portfolio. It also reaffirmed 2025 financial guidance, projecting adjusted EPS of $7.25 and adjusted EBITDA of $3.85 billion. During the fourth quarter, the company posted advancements in the data center and large load strategy, including 1.5 gigawatts of brownfield development projects in Texas and a collaboration with GE Vernova and Kiewit for 1.2 gigawatts of new natural gas capacity by 2029. NRG reported record adjusted EBITDA of $3.8 billion for 2024, an increase of $470 million year-over-year.

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