Morgan Stanley (MS), GameStop Corp. (GME), NRG Energy Inc (NRG): Today’s 3 Best Stocks

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Finally, wholesale power generation and electricity retailer NRG Energy Inc (NYSE:NRG) advanced 5.7% after outlining plans to file for a $400 million IPO to spin-off a percentage of subsidiary NRG Yield. According to the filing with the Securities and Exchange Commission, NRG Energy will hold all of NRG Yield’s class B shares after the offering, while selling an (as of now) undisclosed amount of class A shares. We’ve seen a defined trend over the past year toward spin-offs in order to unlock shareholder value, and make companies easier to understand. Clearly, shareholders like what they’re hearing and seeing today.

The article Today’s 3 Best Stocks originally appeared on Fool.com.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.The Motley Fool owns shares of GameStop and Microsoft.

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