Chart of the Day - NRG Energy (NRG)

The "Chart of the Day" is NRG Energy (NRG), which showed up on Wednesday's Barchart "52-Week High" list. NRG Energy on Thursday posted a new 13-month high of $23.78 and closed +2.74%. TrendSpotter in mid-Sep took a profit on a long trade held since late June, and then recently turned long again on Oct 3 at $22.18. In recent news on the stock, Goldman Sachs on Sep 10 upgraded its rating on NRG Energy to Buy from Neutral and set a target of $25, citing strong free cash flow and participation in the Texas power market. Barclays on July 23 upgraded NRG Energy to Overweight from Equal Weight. NRG Energy, with a market cap of $5 billion, owns and operates a diverse portfolio of power-generating facilities, primarily in the United States. Its operations include baseload, intermediate, peaking, and cogeneration facilities, thermal energy production and energy resource recovery facilities.