Recently, I shared a list detailing why certain stocks saw significant double-digit increases. In this article, we’ll delve into NRG Energy, Inc. (NYSE: NRG) and how it compares to other stocks that experienced notable gains today.
The stock markets kicked off the week on a positive note, especially after the US and China announced a truce on tariffs concerning each other’s goods.
The NASDAQ made the most impressive gains among the major indices, climbing by 4.85%. Meanwhile, the S&P 500 rose by 3.26%, and the Dow Jones increased by 2.81%.
Over the weekend, a 90-day agreement was signed between the US and China aimed at reducing tariffs on imports from each side. The US tariffs on Chinese goods will drop significantly from 145% to 30%, while Chinese tariffs on US imports will decrease from 125% to 10%.
Looking beyond the primary indices, 10 companies had particularly strong performances this week, achieving double-digit gains. We’ll highlight those top performers and explore what drove their success.
For our list, we focused only on stocks with a market cap of at least $2 billion and a trading volume exceeding $5 million.
NRG Energy saw a remarkable increase of 26.21% on Monday, closing at $150.61 after the announcement that it would acquire LS Power’s gas-fired power plant for $12 billion.
The agreement involves the purchase of 18 natural gas-fired plants with a combined power capacity of 13 gigawatts.
NRG expects to finalize the acquisition by the first quarter of 2026, which will effectively double its generation capacity to 25 gigawatts.
Commenting on the deal, Larry Cohen, CEO of NRG, noted that the country is “in the early stages of the electricity demand supercycle.”
He emphasized that this acquisition will revamp NRG’s generation fleet, expand its range of products, and enhance its service to millions of customers throughout the US.
Overall, NRG placed first today among stocks that experienced double-digit growth. While we recognize NRG’s investment potential, there’s a belief that AI stocks might yield higher returns and do so more quickly. Some AI stocks have dropped by about 25% since early 2025, yet if you’re on the lookout for promising AI stocks with low valuations, consider checking out our report on the cheapest AI stock.
