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NRG, AES, FE, and EXC: What Drove These Utilities in 2018?

Vincent Kruger
NRG, AES, FE, and EXC: What Drove These Utilities in 2018?

NRG Energy (NRG), despite being the smallest-yielding utility stock, outperformed broader utilities in the past few years. Significant sequential earnings growth and being in line with its transformation plan has driven NRG Energy’s rally in 2018. The transformation plan was introduced by activist shareholders in NRG Energy last year.