Coatue’s 35 Most Important AI Stocks

11. Vistra Corp. (NYSE:VST)

Number of Hedge Fund Holders: 97  

Vistra Corp. (NYSE:VST) operates as an integrated retail electricity and power generation company. As per the report for the third quarter of 2024, GAAP net income was $1,837 million, and cash flow from operations was $1,702 million, which reflects strong net income and better performance of the company’s core operations. Also, net income from ongoing operations was $1,855 million, and ongoing operations Adjusted EBITDA was $1,444 million. This demonstrates solid cash flow from operations and operational stability. The company has also positioned itself to capitalize on the growing needs of AI data centers. This makes the company a significant player in AI infrastructure, highlighting its potential to benefit from increased electricity demand driven by AI applications.