Top 10 Beaten Down Large Cap Stocks That Can Double According To Wall Street

4. Vistra Corp (NYSE:VST)

Vistra is a power generation company operating in the United States. The company’s stock has lost 12% in a week, which presents an opportunity that Wall Street recommends is worth pouncing on.

Last week, BofA analyst Ross Fowler upgraded the stock from Neutral to Buy, assigning a price target of $152. The highest price target on Wall Street stands at $231, a 113% upside from here on.  The stock has had a great run as energy stocks surged on increasing data center deals. Now that the hype has faded, these stocks are coming back to fair valuations making them attractive for investors again.

Fowler believes demand for data centers is still strong. VST could surge as soon as there is some clarity on the regulatory front. Moreover, nuclear colocation could add $385 million to the company’s EBITDA. Virtual power purchase agreements and gas co-location opportunities are also set to materialize later down the road.