Vistra Corp. (NYSE:VST) ranks among the best performing utilities stocks to buy now. On August 20, Melius Research assumed coverage of Vistra Corp. (NYSE:VST) with a Buy rating and a $194 price target. The firm recognized Vistra as a significant player in the power markets, given its 41 GW of generating capacity from nuclear, natural gas, coal, and solar sources in addition to its battery storage capabilities.
Melius emphasized that Vistra Corp. (NYSE:VST) is the owner of one of the largest battery storage systems in the world, the Moss Landing energy storage complex in California. The firm also mentioned Vistra’s most recent deal, which saw the company announce that it had purchased seven natural gas plants from Lotus Infrastructure Partners.
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.
READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.
Disclosure: None. This article is originally published at Insider Monkey.