5 Affordable Stocks to Buy With Good Earnings Growth

2. Talen Energy Corporation (NASDAQ:TLN)

Talen Energy Corporation (NASDAQ:TLN) is one of the best affordable stocks to buy with good earnings growth. On March 23, Morgan Stanley cut the price target on Talen Energy Corporation (NASDAQ:TLN) to $472 from $474, keeping an Overweight rating on the shares. The firm told investors that it is updating price targets for Regulated & Diversified Utilities / IPPs in North America under its coverage. It also stated that utilities outperformed the S&P’s return in February, adding that the recent discussions in the space were broadly constructive, with companies highlighting growth opportunities along with optimism on load growth and signing deals with data centers.

In its fiscal Q4 and full year 2025 results, Talen Energy Corporation (NASDAQ:TLN) reported a full year GAAP net loss attributable to stockholders of $219 million, with a full year adjusted EBITDA of $1.035 billion and adjusted free cash flow of $524 million. Talen Energy Corporation (NASDAQ:TLN) also completed the Freedom and Guernsey acquisitions in November 2025, which raised the company’s generating capacity by around 2.8 gigawatts and provided efficient baseload generation and cash flow diversification.

Talen Energy Corporation (NASDAQ:TLN) is involved in the operation of power infrastructure. The company produces and sells electricity, capacity, and ancillary services into wholesale power markets via its subsidiaries.