Vistra Corp (NYSE:VST) ranks among the best non-tech stocks to buy according to billionaires. On July 16, Vistra Corp (NYSE:VST) announced that it had modified significant financial contracts through its subsidiaries. The company’s existing Receivables Purchase Agreement was amended on July 11 by Vistra’s indirect, wholly owned subsidiaries, TXU Energy Retail Company LLC, TXU Energy Receivables Company LLC, and Vistra Operations Company LLC.
The amendment prolongs the deal until July 10, 2026, and raises the total commitment of the committed buyers from $1.0 billion to $1.1 billion.
In addition, Vistra Corp (NYSE:VST) recently announced that it has increased its capacity by almost 2,600 megawatts through the acquisition of seven natural gas generation facilities from Lotus Infrastructure Partners for $1.9 billion. It is expected that the acquisition will improve Vistra’s free cash flow in the year following closure.
Vistra Corp (NYSE:VST) is a vertically integrated energy corporation with a wide range of businesses, including fuel manufacturing, wholesale energy sales, logistics, and power generating. The company supplies natural gas and electricity to its commercial, industrial, and residential clients.
While we acknowledge the potential of VST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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