Here's Why Vistra Was a Top Performer in the S&P 500 in 2024

Shares in Vistra (NYSE: VST) rose by an incredible 257.9% in 2024, according to data provided by S&P Global Market Intelligence. The company started the year as an integrated retail electricity and power generation company, and it ended the year by becoming one of the year's hottest artificial intelligence (AI) plays on the market.The boom in AI applications in 2024 brought with it the concomitant need to invest in data centers to support that growth. I'll get to Vistra's role in a moment -- first a few words on how nuclear power became popular in 2024.There is a critical need to secure a long-term, reliable power source for data centers, and nuclear power is increasingly seen as the answer. Nuclear power is seen as a carbon-free way to ensure reliable power, and it has become even more popular considering renewable energy's difficulties in recent years, including surging costs, logistics issues, and supply chain constraints.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool