Reported 8 days ago
Vistra (NYSE: VST), a retail electricity and power generation utility, has emerged as the best-performing S&P 500 stock in 2024, surging by 210%, outpacing Nvidia's 155% rise. This remarkable performance is attributed to the increased demand for electricity driven by AI applications and long-term power agreements with major cloud service providers like Microsoft and Amazon. Additionally, Vistra's focus on clean energy, particularly its nuclear and natural gas capabilities, positions it well for future growth in a transitioning energy market.
Source: YAHOO