Vistra Remains Cheap After The Monstrous Rally - Near Term Correction Likely
VST recently benefited from its highly strategic solar agreements with AMZN and MSFT, thanks to the generative AI/ data center boom and the insatiable power demand. This builds upon its well diversified clean energy generation across natural gas, nuclear, coal, solar, and battery energy storage capabilities, significantly aided by the Energy Harbor acquisition. As a result of VST's raised consensus forward estimates, we believe that it remains extremely cheap with a low PEG non-GAAP ratio of 0.50x.
Vistra: The Next Data Center PPA
VST has seen earnings and valuation upgrades post key events such as the PJM capacity auction and data center co-location theme. The Harbor Energy acquisition and recent partner buyout of nuclear assets add considerable cash flow growth. Valuation is not expensive at 11x P/cash earnings or a 0.5x PEG ratio, with room for further multiple expansion.
Vistra is the Top S&P 500 Gainer This Year—Key Stock Price Levels to Monitor
Shares in electric utility Vistra (VST), the biggest gainer in the S&P 500 this year, hit another record high in early trading Thursday before losing ground to close lower.
Vistra Stock Powers Higher as Analysts Lift Price Targets
Shares of Texas-based power generator Vistra (VST) surged nearly 6% higher on Wednesday, the largest daily gain of any S&P 500 stock. Vistra is no stranger to market-leading upticks, having surpassed Nvidia (NVDA) as the top-performing stock in the benchmark index this year.
Vistra's stock is up more than 200% this year. Could more gains could be ahead?
Stocks levered to nuclear power have done well recently on AI optimism. But an analyst notes that Vistra's efficient gas plants could be “a huge source of upside.
Vistra Corp surges past Nvidia as top-performing stock of 2024, analysts see further upside
Vistra Corp (NYSE: VST), a Texas-based retail electricity and power generation company, has become the best-performing stock of 2024, surpassing even tech giant Nvidia Corp (NASDAQ: NVDA). Over the past two weeks, Vistra shares have surged by 200% year-to-date, outpacing Nvidia's 150% gain and catching the attention of Wall Street analysts.
How Vistra Stock Overtook Nvidia to Became the S&P 500's Best Performer
The little-known utility is suddenly the hottest compahy around. The trend its benefitting from, however, remains the same.
Vistra overtakes Nvidia as S&P 500's top gainer in 2024
Steve Fleishman, Wolfe Research utilities analyst, joins “Squawk on the Street” to discuss Vistra overtaking Nvidia as the S&P 500's top gainer for the year, energy futures, and more.
Vistra Corp. (VST) Exceeds Market Returns: Some Facts to Consider
In the most recent trading session, Vistra Corp. (VST) closed at $112.40, indicating a +0.69% shift from the previous trading day.
Vistra Surpasses NVIDIA as S&P 500's Top Stock in 2024: Buy Now?
This year, Vistra Corp.'s VST strong rally could potentially hinder NVIDIA Corporation NVDA from becoming the S&P 500's top annual performer back to back, a title held only by Advanced Micro Devices, Inc. AMD since 1999.
Vistra Energy Goes Nuclear
Nuclear energy is resurging as a dense, reliable power source, crucial for meeting AI-driven energy demands that renewables and coal can't match. Vistra is strategically expanding its nuclear portfolio, securing long-term contracts, and benefiting from coal plant retirements, positioning it for sustained growth. Strong financials, impressive EBITDA growth, aggressive share buybacks, and future-proof growth make Vistra a standout in the utility sector.
Vistra (VST) Surges 16.3%: Is This an Indication of Further Gains?
Vistra (VST) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
