Vistra Energy Corp. Stock News

CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year and suggested they were smart investments — although most were also very speculative. "Let's remember this list of frothy stocks and think of them the next time you're about to ignore a stock for being too speculative," he said.

2024 has been an exceptional year for equities, with the S&P500 up 21.3% YTD, driven by a strong economy, full employment, and an AI investment narrative. Despite relatively high valuations, few high-quality stocks have sold off recently. ASML's recent decline presents a long-term buying opportunity despite short-term challenges in the semiconductor industry and delayed growth expectations.

The S&P 500 has had an extraordinary year so far, with the S&P 500 ETF NYSE: SPY boasting a 25.31% return year-to-date, well above the market's average pace. Driving this surge are shifting monetary policies, the Federal Reserve's consecutive rate cuts, rapid advancements in AI and technology, and this week's almost 5% rally following Donald Trump's presidential election victory.

Vistra Corp. shares are rising after reporting Q3 earnings. VST continues to generate robust cash flow and is well positioned for increasing energy demands. Though the valuation is a bit rich, Vistra Corp. makes a good addition to a diversified portfolio.

Vistra Corp. (NYSE:VST ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Eric Micek - VP, IR Jim Burke - President & CEO Kris Moldovan - EVP & CFO Stacey Doré - Head of Strategy Steve Muscato - Executive VP & CCO Conference Call Participants David Arcaro - Morgan Stanley Steven Fleishman - Wolfe Research Jeremy Tonet - JPMorgan Angie Storozynski - Seaport Oper...

Vistra Corp (VST) shares climbed after the company posted third-quarter earnings that smashed expectations after the market closed Wednesday.

Vistra rose after reporting third-quarter earnings early Thursday. The post S&P 500 Leader Beats With 54% Revenue Growth, Adds $1 Billion To Buyback appeared first on Investor's Business Daily.

Earnings Release Highlights GAAP third quarter 2024 Net Income of $1,837 million and Cash Flow from Operations of $1,702 million. Net Income from Ongoing Operations1 of $1,855 million and Ongoing Operations Adjusted EBITDA1 of $1,444 million.