Should you bet on the S&P 500's top-performing stock in 2024? With shares up 200% year to date, Vistra (VST 0.70%) recently surpassed Nvidia to become the S&P 500's top-performing stock in 2024. While this utility company is far from a traditional artificial intelligence (AI) stock, it could help meet the growing need for affordable clean energy as power-hungry AI tech becomes mainstream. Let's dig deeper to see if the recent hype is justified. What is Vistra? Vistra is an Irving, Texas-based utility compan ...

A retail electricity provider and power generator has outshone the glamor technology stocks this year. Power utilities aren't always seen as the most exciting way to invest, but investors might need to rethink that opinion, because the top-performing S&P 500 index stock of the year is retail electricity and power generation utility Vistra (VST 3.12%), up a whopping 210% this year. That beats Nvidia's (NASDAQ: NVDA) 155% increase. The two events are not unconnected. Here's why and how Vistra stock has perfor ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within th ...

I first covered Vistra (NYSE: VST ) in June. Given several key drivers, such as the Harbor Energy acquisition and increasing electricity volumes, which can drive margins, earnings, and the stock price, I found the stock undervalued. Several events have led to Experience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely ...

Key Takeaways Shares in electric utility Vistra, the biggest gainer in the S&P 500 this year, hit another record high in early trading Thursday before losing ground. Analysts say that the utility's nuclear assets place it in a position to capitalize on the significant energy requirements needed to power AI infrastructure, such as data centers. Investors should monitor key lower price levels on Vistra's chart around $107, $95, and $76. The measuring principle, which calculates the distance between the symmet ...

Key Takeaways Shares of electric utility Vistra finished almost 6% higher on Wednesday, securing the strongest gain in the S&P 500. Vistra stock surpassed Nvidia earlier this week as the top-performing stock in the benchmark index yearto-date. Analysts at Jefferies and Morgan Stanley boosted their price targets for Vistra stock, citing optimism about data-center opportunities. Shares of Texas-based power generator Vistra (VST) surged nearly 6% higher on Wednesday, the largest daily gain of any S&P 500 stock ...

The most recent trading session ended with Vistra Corp. (VST) standing at $112.40, reflecting a +0.69% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily gain of 0.25%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.56%. The company's shares have seen an increase of 31.51% over the last month, surpassing the Utilities sector's gain of 4.69% and the S&P 500's gain of 1.65%. Investors will be eage ...

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. However, Vistra's stupendous gains have made the stock pricey. So, let's look at how to trade the VST stock. Vistra (Not NVIDIA) is the S&P 500's Top YTD Gainer Wall Street darling NVIDIA squashed bubble fears and witnessed a meteoric rise this year with the arrival of artificial inte ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial . It took a while, but major economies are starting to realize we need the most dense energy source available to meet our rapidly growing energy requirements. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no ...

Vistra Corp. (VST) shares rallied 16.3% in the last trading session to close at $107.88. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.3% gain over the past four weeks. Vistra's ability to produce a high volume of emission-free electricity from its solar, natural gas, nuclear and other alternative energy sources is the primary contributor to its performance. Strong retail business and rising demand from ...