This Power Stock Could Be a Big Winner From the Data Center Boom
Vistra is quietly powering the AI data center boom, and it still looks surprisingly cheap.
Overview
Data centers, manufacturing, and electric vehicles (EVs) will put greater strain on the electric grid in the coming decades, requiring massive investment in energy infrastructure. Vistra (NYSE: VST) is well positioned to meet this demand, with over 44 gigawatts of power-generating capacity across natural gas, nuclear, coal, renewables, and other sources.
Despite this opportunity, the stock trades at a reasonable forward price-to-earnings (P/E) multiple of 18. This could set up excellent returns in a growing-demand environment.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.