5 Best Solar Stocks for 2021

2. Vistra Corp. (NYSE: VST)

Number of Hedge Fund Holders: 46

Vistra Corp. (NYSE: VST) is an electricity provider in the US with a generation capacity of about 38,700 MW. The company’s portfolio mainly includes solar, nuclear, and battery energy storage facilities and it ranks 2nd on our list of the best solar stocks for 2021.

This April, Vistra Corp. (NYSE: VST) announced its quarterly dividend of $0.15 per share with a forward yield of 3.52% and payable on June 30th. In the first quarter of 2021, Vistra Corp. (NYSE: VST) had EPS of -$2.89, missing estimates by -$0.85. The company’s revenue for the quarter was $3.21 billion, representing a 12.21% growth year over year and beating estimates by $1.88 billion. The stock has gained 0.37% in the past year, and Vistra Corp. (NYSE: VST) has a gross profit margin of 13.5%.

By the end of the first quarter of 2021, 46 hedge funds out of the 866 tracked by Insider Monkey held stakes in Vistra Corp. (NYSE: VST). The total value of their stakes was roughly $1.25 billion. This is compared to the previous quarter’s 39 hedge fund holders with a total stake value of approximately $1.36 billion.