$NRG: Rapid Growth in this Customer Focused Utility CompanyGuidance & Growth
NRG is reaffirming its guidance range for 2021 with respect to Adjusted EBITDA, Adjusted Cash from Operations and Free Cash Flow before Growth Investments (FCFbG) which excludes the full year impact of Winter Storm Uri. NRG's FCFbG for the six months ended June 30, 2021 was $768 million.
NRG has a very compelling value proposition, a unique consumer business that can deliver 15% to 20% annual growth in free cash flow per share over the next five years.
Dividend
A strong dividend growing at 7% to 9% per year. A best-in-class sustainability framework embedded in everything we do and a commitment to maintain a strong balance sheet and continue to be excellent stewards of your capital.
Technicals
You can see we've built up a strong long term base with a recent burst higher. High natural gas prices could be here to stay and NRG could benefit.
NRG trade ideas
$NRG Bullish Pennant, Falling Wedge & Ascending Triangle$NRG on daily chart.
Took a few minutes to publish some easy to recognize, bullish and bearish chart patterns on daily charts. Enjoy!
Note: Ascending triangles are generally seen as bullish but can be bearish when the lower trendline is broken.
NRG ENERGY BEARISHNRG is my renewable energy choice. It has great potential for growth and is currently undervalued by at least 27% according to Yahoo finance.
At this moment the stock market is seeing a huge drawback and as we near the election, markets are becoming more volatile.
Currently, NRG might correct to $30 over the next few days.
If $30 does not hold, next stop is $28.
Watch the DMI and MACD for trend reversal and buy the dip as low as you can.
NRG with regards to the election, my prediction :
a Biden win surges NRG upward
a Trump win will correct NRG to levels below $28. BUT, it will climb again after the election.
Hit like if you found this helpful.
Thanks, Ev
NRG ENERGY StrategyHello traders, NRG ENERGY is in a fake bearish move with a large sell volume executed this past session and before as well. NRG ENERGY is looking to turn around to go upwards, with a strong possibility of breaking out the stabilization zone. It wants to fill its bullish gap to go to the top of the zone which corresponds to half of the shadow of the last preceding one above and may even go to the bottom of the boom.
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DailySlower mover, but steady. Started in lows this morning, turned green so buying happening, not sure will stay here until earnings or will see a little more of a run. Definite value and growth stock, upcoming earnings expecting 128% YOY eps growth. In a technical breakout now, will see where it goes.