Jim Cramer’s Best Performers List: Top 10 Stocks

5. Vistra Corp. (NYSE:VST)

Cramer mentioned Vistra Corp.’s (NYSE:VST) energy mix and its investments in renewable energy.

“Next up, speaking of data centers, they consume just seemingly endless amounts of electricity, don’t they? Which is why an integrated power producer Vistra is on the list, up almost 269% for the year. While the vast majority of its power generation comes from fossil fuels, it’s 60% natural gas, 20% coal. Vistra’s got nuclear exposure and it’s making some big investments in renewables.”

Vistra (NYSE:VST) is a leading electricity retail and power generation company that serves around 5 million customers, positioning it as a significant player in the energy sector. Recently, Jim Burke, President and CEO, highlighted that the company’s upcoming acquisition of a 15% minority stake in Vistra Vision is expected to increase shareholder ownership in Vistra’s zero-carbon assets.

Specifically, the acquisition will boost the company’s nuclear generation capacity by roughly 970 megawatts and add around 200 megawatts in solar and energy storage capacity. During the company’s third-quarter earnings call, management revealed that the company is actively engaged in discussions with multiple development firms regarding a number of its gas sites.

In addition to these talks, the company is exploring early-stage conversations with hyperscale data center operators about the potential for nuclear power uprates and new build projects. Furthermore, management said that Vistra (NYSE:VST) is in discussions with two major companies about building new gas plants designed to support large data center projects.