12 Best Renewable Energy Stocks to Buy in 2025

1. Vistra Corp. (NYSE:VST)

No. of Hedge Fund Holders: 120

Vistra Corp. (NYSE:VST) is one of the leading retail and power generation companies in the U.S. Its operations range from conventional power generation to cutting-edge renewable energy and energy storage technologies. Vista is focusing on sustainable sources of energy through Vistra Zero. The company currently produces 7,800 MW of zero-carbon and plans to retire 4,588 MW of fossil-fueled power plants by 2027.

Vistra Corp. (NYSE:VST) is slightly holding the closing of its 1,185 MW Baldwin Power Plant in Illinois, which will now operate until 2027. The company has invested nearly $135 million in Illinois energy, and the solar facility is expected to generate 140,000 MWh of clean energy in the next two decades.

Meridian Hedged Equity Fund stated the following regarding Vistra Corp. (NYSE:VST) in its Q4 2024 investor letter:

“Vistra Corp. (NYSE:VST) is an integrated retail and power generation company with operations across the U.S., primarily serving Texas and the Midwest. We believe Vistra is well-positioned to capitalize on the structural tightening of power markets, as electricity demand accelerates, and baseload generation capacity continues to retire. This trend has been amplified by the rapid growth of AI, which is driving unprecedented demand for data centers and the power required to run them. These factors create a favorable pricing environment for Vistra’s generation fleet, especially its nuclear and gas assets. The company has locked in much of this value via hedging, providing clear visibility into future cash flows. Vistra has also successfully grown its retail business and completed a strategic acquisition of Energy Harbor, which added a portfolio of nuclear, retail, and renewable assets.”

While we acknowledge the potential of VST to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than VST but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires.

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