NRG Energy, Inc. (NYSE:NRG) is one of the Best Conservative Stocks to Buy Right Now. On March 23, Morgan Stanley lifted its price objective on the company’s stock to $157 from $153, while keeping an “Equal Weight” rating, as reported by The Fly. The analyst highlighted that the firm has been updating its price objectives for the broader Regulated & Diversified Utilities / IPPs in North America that form part of its coverage.

In February, the utilities sector outperformed the returns delivered by S&P. Additionally, the firm opines that the recent discussions are, more or less, constructive. The companies in this space are highlighting growth opportunities and optimism on load growth, while deal-signings with data centers continue.

In a different release, Wolfe Research analyst Steve Fleishman upgraded NRG Energy, Inc. (NYSE:NRG)’s stock to “Outperform” from “Peer Perform” with a price objective of $190.

The analyst believes that NRG Energy, Inc. (NYSE:NRG)’s LS Power and Rockland Capital asset acquisitions support it in bringing back to the traditional long power generator that possesses upside sensitivity to the tightening of supply and demand.

While we acknowledge the potential of NRG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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