20 Worst Performing AI Stocks of Last Week

9. Vistra Corp. (NYSE:VST)

Weekly Decline: 13.49%

Number of Hedge Fund Holders: 92

Vistra Corp. (NYSE:VST) is an energy company offering retail electricity and power generation services. It is based in Irving, Texas.

The reason we’ve added an energy company to our list is that this specific company has the potential to benefit from the growing popularity of generative AI since rising AI use is directly related to rising energy needs. Vistra Corp. (NYSE:VST) is investing significantly in alternative energy sources, so it’s in a good position to meet these rising needs. As a result, many investors are paying more attention to this stock.

This March, Vistra Corp. (NYSE:VST) also completed an acquisition of Energy Harbor. Through this acquisition, the company has increased its presence as a player in the nuclear energy space. So those investors looking for hidden AI stocks may benefit from considering Vistra Corp. (NYSE:VST) for their portfolios. With its nuclear portfolio Vistra Corp. (NYSE:VST) is well-positioned to capitalize on AI-driven electricity demand as major hyperscalers pen contracts with nuclear energy providers for low-cost alternative fuels.

Vistra Corp. (NYSE:VST) was seen in the portfolios of 92 hedge funds in the second quarter, with a total stake value of $4.03 billion.