Tln stock price correlations with WTI crude remain

TLN stock price correlations with WTI crude remain high at 0.78, meaning that any significant shift in oil markets will likely be mirrored in TLN’s movement. Jim Cramer was asked in November about independent power producer Talen Energy Corporation (NASDAQ:TLN). He recommended investors buy the stock. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> . TLN stock price short interest has decreased over the past month, suggesting that bearish positions may be unwinding amid improving sector fundamentals.