Vistra (VST)

Profitable and never expensive. A top pick in nuclear power. Also likes Constellation Energy.

Is up 80% in the past month, the best S&P performer and hitting a new high today. Healthy profits and unique assets with secular growth from nuclear energy demand, which needs to fuel AI production. But Vistra is no longer cheap at 24x forward PE, so he expects it to consolidate.

A momentum stock can't withstand the kind of recent drop it's had. He prefers Constellation Energy.

Vistra was up 31% in May. It's one of the unregulated power producers in a country hungry for power, thanks to all the data centres being built for AI. Buy on weakness.

Is up 28% in May and his own only utility. It's the second-biggest nuclear producer in the U.S.