VST Stock Trades at a Premium Valuation: How to Play With the Stock?

Vistra Corp. (VST) is trading at a premium relative to the Zacks Utility Electric Power industry, with a forward 12-month price-to-earnings (P/E) ratio of 20.41X compared to the industry average of 14.28X.The company benefits from strong residential and business results in both Texas and Midwest and Northeast markets. More than 95% of the commercial availability of its generation assets allows the company to gain by catering to the increasing demand in its service territories.Image Source: Zacks Investment ...