Marc Lasry’s Avenue Capital Portfolio: Top 2 Stock Picks

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1. Vistra Corp. (NYSE:VST)

Avenue Capital’s Stake Value: $110.09 million

Percentage of Avenue Capital’s 13F Portfolio: 68.05%

Number of Hedge Fund Holders: 38

Vistra Corp. (NYSE:VST) is Marc Lasry’s top stock pick, representing 68.05% of his overall portfolio. Lasry’s Avenue Capital owns 6,438,245 shares in Vistra Corp. (NYSE:VST) worth $110.09 million, as of the end of the third quarter.
Vistra Corp. (NYSE:VST) is an energy company that provides electricity to consumers in the United States through its segments: Retail, Texas, East, West, Sunset, and Asset Closure.
Out of 867 elite hedge funds tracked by Insider Monkey, 38 hedge funds disclosed ownership of stakes in Vistra Corp. (NYSE:VST), as of the third quarter. This shows a bullish trend from the previous quarter where 32 hedge funds reported owning stakes in the company.
On October 13, BMO Capital analyst James Thalacker kept an ‘Outperform’ rating on Vistra Corp. (NYSE:VST) stock, revising the price target to $27 from $25.
The company reported an EPS (GAAP) of $0.01, which missed estimates by $1.67. Revenue for the quarter was $2.99 billion, which also fell below analysts’ forecasts by $1.88 billion.

You can also take a look at 10 Best Stocks To Buy Now According To Quant Billionaires and 10 Best Affordable Dividend Stocks to Buy.

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