20 AI News That Broke The Internet This Month

Page 9 of 19

11. Vistra Corp. (NYSE:VST)

Number of Hedge Fund Holders: 92  

Vistra Corp. (NYSE:VST) operates as an integrated retail electricity and power generation company. The company recently surpassed chipmaker NVIDIA in terms of year-to-date gains to become the gainer on the benchmark S&P 500 this year. Vistra Corp. (NYSE:VST) stock is up more than 204% so far this year, compared to the 157% rally for NVIDIA. Jefferies named the firm the top pick in the power sector and reiterated a Buy rating on the stock earlier this month. Jefferies analyst Julien Dumoulin-Smith noted that Vistra had many ways to win following years of acquisitions, rationalizations, and lessons learned about risk that had positioned it well for the power markets of the present. The analyst added that the timely acquisition of nuclear portfolio Energy Harbor in 2023 gave the company a coveted nuclear portfolio.

Page 9 of 19