One company that should be on your radar is NRG Energy, Inc. (NRG). The stock of this Electrical Power provider has seen its Zacks Rank surge over the past four weeks, moving from Hold territory to its current position as a Strong Buy.

A key reason for this move has been the positive trend in the earnings estimate revisions picture. For NRG’s full year estimate, we have seen 1 estimate go lower in the past 30 days, compared to no higher. But the consensus estimate has moved higher, going from $1.48 a share a month ago to its current level at $1.50 a share.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, NRG has seen some pretty solid trading lately, as the company has moved higher by 10.7% in the past month.

If NRG Energy can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put NRG on your watch list for the future.

Other top-ranked stocks worth considering in this space include Black Hills Corporation (BKH), Public Service Enterprise Group Inc. (PEG) and Otter Tail Corporation (OTTR). All these carry a Zacks Rank #1 (Strong Buy).

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PUBLIC SERVICE ENTERPRISE GROUP (PEG): Free Stock Analysis Report

BLACK HILLS CORP (BKH): Free Stock Analysis Report

OTTER TAIL CP (OTTR): Free Stock Analysis Report

NRG ENERGY INC (NRG): Free Stock Analysis Report


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