Vistra: Turning A Threat Into An Opportunity

Summary

• Last year, the State of Texas got hit with what is now known as the "2021 Texas power crisis." Vistra Corp. has played a major role in this crisis.
• The company has managed to turn what seemed like a great threat back in February 2021 into what looks like a great opportunity (even as late as) in January 2022.
• We jumped on the VST cart early and cheaply, but we believe there's still a lot of fuel in this utility's tank, surely more than the sector and/or peers offer.
• Unlike the Utilities sector which isn't much of an interest for us right now, we believe that Vistra is a solid investment with limited downside risk and at least 3x as much upside potential.
• This idea was discussed in more depth with members of my private investing community, Wheel of Fortune. Learn More »

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A (True) Diamond in the (Utility) Rough

Last week, we wrote that "Utilities Have Run Out Of Energy." Nonetheless, we've shared that we still have stakes in a couple of Utilities, and we concluded with the following statement:

We always

Analyst’s Disclosure:I/we have a beneficial long position in the shares of VST, D, SO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

TipRanks: BUY $VST