We recently published a list of Top 10 Beaten Down Large Cap Stocks That Can Double According To Wall Street. In this article, we are going to take a look at where Vistra Corp (NYSE:VST) stands against other top beaten down large cap stocks that can double according to Wall Street.

There was a point in the early days of Donald Trump’s presidency when the stock market looked set for a bull run. Bit by bit, the market digested geopolitical issues, trade wars, and recession fears. It looked like these were temporary concerns only.

We’re now less than two months into the presidential term and every consensus trade seems to be unravelling in front of our eyes. Investors are panicking and the state of the US economy looks fragile, with recession knocking on the door.

Investors operating in capital markets do not have the luxury of getting out of the market. No matter how the market behaves, they will still be here hunting for opportunities. That’s exactly what we do as well. As the market tanks, we decided to look at beaten down stocks that could comfortably outpace the market if bought after the current sell off.

To come up with our list of 10 beaten down large cap stocks that can double according to Wall Street, we considered stocks that have a market cap of at least $10 billion, have been hammered in the past week, and have a Wall Street price target that could see the stock double from current levels.

Solar panel workers installing a new farm for clean energy generation.

Vistra Corp (NYSE:VST)

Vistra is a power generation company operating in the United States. The company’s stock has lost 12% in a week, which presents an opportunity that Wall Street recommends is worth pouncing on.

Last week, BofA analyst Ross Fowler upgraded the stock from Neutral to Buy, assigning a price target of $152. The highest price target on Wall Street stands at $231, a 113% upside from here on.  The stock has had a great run as energy stocks surged on increasing data center deals. Now that the hype has faded, these stocks are coming back to fair valuations making them attractive for investors again.

Fowler believes demand for data centers is still strong. VST could surge as soon as there is some clarity on the regulatory front. Moreover, nuclear colocation could add $385 million to the company’s EBITDA. Virtual power purchase agreements and gas co-location opportunities are also set to materialize later down the road.

Overall, VST ranks 4th on our list of top beaten down large cap stocks that can double according to Wall Street. While we acknowledge the potential of VST as a leading investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as VST but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

Disclosure: None. This article is originally published at Insider Monkey.