Discover the Surprising AI Stock Outperforming Nvidia in 2024

Reported about 1 month ago

In 2024, while Nvidia dominates AI chip sales with a 200% share price increase, it's lesser-known Vistra, a utilities company, that leads the S&P 500 with a 228% gain. As AI's demand for data center energy surges, Vistra stands to benefit significantly due to its extensive power generation capabilities and upcoming projects, despite recent earnings misses. Analysts see a bright future for Vistra, anticipating earnings growth of 78% annually through 2027, suggesting that it may become a strong player in the expanding AI market.

Source: YAHOO

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