12 Best Long Term Low Risk Stocks to Buy Right Now

Page 7 of 12

6. Vistra Corp. (NYSE:VST)

Number of Hedge Fund Holders: 97  

Vistra Corp. (NYSE:VST) operates as an integrated retail electricity and power generation company. In the third quarter of 2024, Vistra reported revenues of $6.29 billion, a 54% increase from the previous year, surpassing analyst expectations of $5.01 billion. Earnings per share were $1.24, exceeding the projected $1.16. As of November 2024, Vistra had executed approximately $4.58 billion in share repurchases since November 2021, reducing outstanding shares by about 30%. The Board authorized an additional $1 billion for repurchases, with $2.2 billion remaining, expected to be completed by year-end 2026. The company has plans to add up to 2,000 MW of gas-fueled dispatchable power in Texas, including 860 MW of advanced simple-cycle peaker plants in West Texas, supporting the growing energy demands of the area.

Page 7 of 12