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.”Analyst Likes This Utility Stock - ‘It’s Got Good Momentum’
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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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While we acknowledge the potential of PCG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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Analyst Likes This Utility Stock – ‘It’s Got Good Momentum’
Published 3 weeks ago
Oct 19, 2025 at 8:17 PM
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