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Vistra Energy (VIST) has emerged as the S&P 500's top performer in 2024, passing Nvidia (NVDA), as the utility holding company's stock has nearly quadrupled year-to-date.
Schultze Asset Management founder and managing member George Schultze joins Brad Smith and Josh Lipton on Catalysts to discuss whether Vistra can continue its remarkable climb in 2025.
Schultze notes that Vistra "appears to have been oversold recently" but expects it "to rebound going forward as we get more fundamental news."
Its 2024 gains were largely supported by strategic acquisitions and artificial intelligence (AI)–driven power demand. Demand for electricity to power AI data centers is expected to continue with Amazon (AMZN) and Microsoft (MSFT) signing electricity agreements and pushing into nuclear energy.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Naomi Buchanan.