According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best independent power producer stocks to buy right now are:
1. Pampa Energy (NYSE:PAM)
Pampa Energy (NYSE:PAM) is the #1 top independent power producer stock out of 8 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
Learn more.
The Component Grade breakdown for Pampa Energy (NYSE:PAM) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Pampa Energy (NYSE:PAM) has a Due Diligence Score of 26, which is -3 points lower than the independent power producer industry average of 29. Although this number is below the industry average, our proven quant model rates PAM as a "B".
PAM passed 8 out of 33 due diligence checks and has average fundamentals. Pampa Energy has seen its stock return 39.18% over the past year, overperforming other independent power producer stocks by 55 percentage points.
Pampa Energy has an average 1 year
price target of $105.00, an upside of 21.35% from Pampa Energy's current stock price of $86.53.
Pampa Energy stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Pampa Energy, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Transalta (NYSE:TAC)
Transalta (NYSE:TAC) is the #2 top independent power producer stock out of 8 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year.
Learn more.
The Component Grade breakdown for Transalta (NYSE:TAC) is: Value: D, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Transalta (NYSE:TAC) has a Due Diligence Score of 14, which is -15 points lower than the independent power producer industry average of 29.
TAC passed 4 out of 38 due diligence checks and has weak fundamentals. Transalta has seen its stock lose -4.51% over the past year, overperforming other independent power producer stocks by 12 percentage points.
Transalta has an average 1 year
price target of $24.00, an upside of 98.68% from Transalta's current stock price of $12.08.
Transalta stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Transalta, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Nrg Energy (NYSE:NRG)
Nrg Energy (NYSE:NRG) is the #3 top independent power producer stock out of 8 with a Zen Rating of C. Stocks with a rating of C have had an average return of +5.11% per year.
Learn more.
The Component Grade breakdown for Nrg Energy (NYSE:NRG) is: Value: B, Growth: C, Momentum: D, Sentiment: C, Safety: B, Financials: C, and AI: C.
Nrg Energy (NYSE:NRG) has a Due Diligence Score of 45, which is 16 points higher than the independent power producer industry average of 29.
NRG passed 17 out of 38 due diligence checks and has strong fundamentals. Nrg Energy has seen its stock lose -28.15% over the past year, underperforming other independent power producer stocks by -12 percentage points.
Nrg Energy has an average 1 year
price target of $199.88, an upside of 76.16% from Nrg Energy's current stock price of $113.46.
Nrg Energy stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Nrg Energy, 37.5% have issued a Strong Buy rating, 37.5% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
