We recently published 10 Trend Stocks to Watch as Brad Gerstner Explains Tailwinds for AI Trading: ’10x Manhattan Project’. PG&E Corporation (NYSE:PCG) is one of the trending stocks to watch.
Jim Lebenthal, a partner at Cerity Partners, recently explained during a show on CNBC why he likes the utility company PG&E.
“This is a California utility. It was hit unreasonably hard by the wildfires earlier this year. Its liabilities are nowhere near what the market feared. And it has good momentum right now.”
Pixabay/Public domain
Third Point Management stated the following regarding PG&E Corporation (NYSE:PCG) in its Q4 2024 Investor Letter:
“We are devastated by the recent events in Southern California. Several of our family members and team members call Los Angeles home, and our hearts are shocked by the fires.