12 Best Major Stocks to Buy According to Billionaires

10. Vistra Corp. (NYSE:VST)

No. of Billionaire Holders: 25

No. of Hedge Fund Holders: 120

Vistra Corp. (NYSE:VST) is a leading retail electricity and power generation company that offers essential energy resources in the U.S. The company has a reliable power generation fleet with a capacity of almost 41,000 MW. Vistra generates power from natural gas, nuclear, coal, solar, and battery energy storage facilities.

On May 8, William Appicelli from UBS raised the price target on VST from $154 to $160, reiterating a Buy rating on the stock. Appicelli upgraded the price target following a solid Q1 and the company’s update on the groundwork for promising projections for its EBITDA in 2026. The management targets a $6 billion EBITDA by 2026, driven by growing data center demand. Vistra’s adjusted EBITDA for Q1 2025 reached $1.24 billion, posting a 53% growth year-over-year.

Vistra Corp. (NYSE:VST) has hedged nearly 95% of its expected generation for 2025 and 2026, giving stability and resilience against market vulnerability. Analysts anticipate the Texas legislative session to overcome major legal obstacles for long-term nuclear power purchase agreements. This will assist Vistra’s future growth trajectory. On top of that, the company is working on its solar energy projects, including collaborations with Amazon and Microsoft. The company expects these projects to add nearly 600 MW of renewable capacity to its portfolio.