Vistra(US:VST) ZACKSยท2024-12-11 08:16Group 1: Market Overview - U.S. stock markets have continued their upward trend in 2024, following a remarkable rally in 2023, with major indexes reaching all-time highs [2] - Year-to-date performance of major stock indexes: Dow up 17.7%, S&P 500 up 27.6%, and Nasdaq Composite up 33.7% [2] Group 2: Old Economy Stocks Performance - Several old economy stocks have shown significant advancement this year, driven by a favorable Zacks Rank, indicating potential for profits in 2025 [3] - The rally in old economy stocks has been supported by a reduction in inflation rates and aggressive interest rate cuts by the Federal Reserve [6] Group 3: Featured Old Economy Stocks - Vistra Corp. (VST): Expected revenue growth of 12.6% and earnings growth of 26.4% for next year, with a stock price increase of 285% year-to-date [10] - Sprouts Farmers Market Inc. (SFM): Anticipates a 7% increase in comparable store sales and 12% net sales growth for 2024, with a stock price increase of 199.7% year-to-date [12] - MasTec Inc. (MTZ): Reported a 32.5% earnings beat and 71.6% year-over-year growth, with an 18-month backlog of $13.86 billion, up 11% year-over-year; stock price increased by 76.7% year-to-date [15] - Comfort Systems USA Inc. (FIX): Expected revenue growth of 7.9% and earnings growth of 20.8% for next year, with a stock price increase of 125% year-to-date [18] - Westinghouse Air Brake Technologies Corp. (WAB): Expected revenue growth of 4.7% and earnings growth of 13.6% for next year, with a stock price appreciation of 59.7% year-to-date [21]