Top 5 Stock Picks of 5 Famous Billionaires

In this article, we will discuss the 5 Top Stock Picks of 10 Famous Billionaires. Please visit 10 Top Stock Picks of 10 Famous Billionaires if you would like to see the extended list and the methodology behind it.

5. Vistra (NYSE:VST)

Number of Hedge Funds: 106

Top Pick Of: Stephen Mandel — Lone Pine Capital

Vistra (NYSE:VST) is another AI stock billionaires can not get enough of. As demand for AI data centers grows, so does the need for power. Vistra is a power producer sitting right in the middle of that trend.

The company expects electricity demand in ERCOT, the grid covering most of Texas, to grow 5% to 6%. In PJM, the largest wholesale electricity market in the U.S., it expects growth of 2% to 3%. Both figures are well above historical norms.

It has a total generation capacity of about 44 GW. Roughly 62% comes from natural gas, about 15% from nuclear, and the rest from coal and renewables. Its nuclear fleet is the second largest in the U.S.

Companies are lining up to lock in long-term supply. Meta signed a roughly 2.6 GW, 20-year nuclear power purchase agreement with Vistra. Amazon signed a roughly 1.2 GW, 20-year nuclear PPA as well.

Another key differentiator is bridge power. Vistra uses gas-fired plants located near data centers to supply temporary electricity when grid connections are delayed. That allows data centers to come online faster and makes Vistra more flexible than traditional utilities that rely on slower grid infrastructure.

Brown Advisory Mid-Cap Growth Strategy stated the following regarding Vistra Corp. (NYSE:VST) in its fourth quarter 2025 investor letter:

“Vistra Corp. (NYSE:VST): Operates as a retail electricity and power generation company. Vistra (VST) benefited from rising power demand in Texas, increased interest from data center customers in directly sourcing generation, and growing investor appreciation for nuclear assets. During the year, the company signed a large power purchase agreement with a major hyperscaler for its Comanche Peak nuclear facility in Texas, and we see the potential for additional large deals in the future.”