Constellation has a new nuclear-power deal with Microsoft. Both Constellation and Vistra shares have more than doubled this year on optimism for data-center power deals.
VST's decision to acquire the remaining interest of Vistra Vision is likely to be accretive to its earnings and help serve a large customer base with clean energy.
Vistra is poised to benefit from rising electricity demand and tech firms' interest in nuclear energy. The company is experiencing rapid growth and has an attractive valuation, with increasing enthusiasm from Wall Street for VST stock. Upcoming interest rate cuts are likely to further benefit Vistra.
Vistra Corp. (VST) closed at $80.47 in the latest trading session, marking a +0.51% move from the prior day.
Recently, Zacks.com users have been paying close attention to Vistra (VST). This makes it worthwhile to examine what the stock has in store.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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.