NRG Energy (NRG +1.3%) is added to the Conviction Buy list at Goldman Sachs, which cites...

|About: NRG Energy, Inc. (NRG)|By:, SA News Editor

NRG Energy (NRG +1.3%) is added to the Conviction Buy list at Goldman Sachs, which cites best-in-class free cash flow, enabling share buybacks and debt reduction; exposure to the favorable Texas power market; and attractive risk/reward. The firm expects a positive capital allocation announcement either at or by NRG's Q4 earnings release to push shares higher.