10 Best Non-Tech Stocks to Buy Now for Long Term

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2. Vistra Corp. (NYSE:VST)

Number of Hedge Fund Holders: 120

Vistra Corp. (NYSE:VST) operates as an integrated retail electricity and power generation company. The company reported GAAP net income of $1,837 million and cash flow from operations of $1,702 million in the third quarter of 2024. The firm is in early talks with major data center developers to upgrade its nuclear plants, including the Comanche Peak facility in Texas, to boost power output. The company is also discussing building new natural gas plants in Texas and the PJM grid (Pennsylvania and Ohio) to support data center projects, according to Chief Strategy and Sustainability Officer Stacey Dore.

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