We recently published 10 Trending Stocks to Watch as Brad Gerstner Explains Tailwinds for AI Trade – ’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 program on CNBC why he likes utility company PG&E.
“This is a California utility. It got unreasonably smacked down with the wildfires earlier this year. Its liabilities are nowhere near what the market feared. And it’s got 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 with all impacted by the fires.
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