VST is a good stock to hold in your portfolio, given its stable dividend and rising demand for clean energy in the area it operates.
Vistra (VST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Vistra shares have surged 106.31% YTD due to strong demand for power, growth in AI/data center energy needs, and Energy Harbor acquisition. Vistra's diversified energy portfolio, including nuclear assets, positions them well for future growth in supplying clean, reliable energy to data centers. Despite concerns about grid strain and valuation, Vistra's strong financial performance, growth projections, and strategic positioning make it a compelling buy opportunity.
Data centers are expected to increase their share of US power demand from 3% to 8% over the next 6 years. This has huge implications for utility companies. Vistra's stock has rallied in anticipation of this growth, and we see potential for further upside over the next year. The company boasts a strong financial position and solid ROE, and shares aren't nearly as expensive as they look, in our opinion.
Vistra (VST) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Utilities will benefit from AI developments, leading to exponentially increased demand for data centers and electricity. Vistra Corp. stands to benefit from AI and (sustainable) electricity demand growth with its diverse portfolio of energy assets. Vistra's Q2 2024 earnings show strong performance, with a 40% YoY increase in adjusted EBITDA, indicating a positive outlook for the company.
Vistra Corp. (NYSE:VST ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Eric Micek - VP, IR Jim Burke - President & CEO Kris Moldovan - EVP & CFO Conference Call Participants Shar Pourreza - Guggenheim Angie Storozynski - Seaport David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Durgesh Chopra - Evercore ISI Operator Good morning, and welcome to the Vistra Second Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
Vistra's (VST) second-quarter earnings are likely to have benefited from organic customer growth and rising demand for clean energy in its service territories.
Vistra (VST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Major U.S. equities indexes rallied on the final day of July as the Federal Reserve announced its widely anticipated decision to hold interest rates at their current levels. The Fed's statement recognized recent declines in inflation and cooling in the labor market, boosting already high expectations for a rate cut when the central bank convenes for its next meeting in September.
Zacks.com users have recently been watching Vistra (VST) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Vistra Corp. (VST) closed the most recent trading day at $71.12, moving +1.05% from the previous trading session.