This is the paper, which can yield more than 25% Catch: PG& | 🚀 Robin Rocket

This is the paper, which can yield more than 25% Catch:

PG&E Corporation, $PCG

Current price: $9.32
Target price: $12

PG&E Corporation is a utility company that provides electricity and natural gas to northern and central California (more than two-thirds of California's territory).

The company has a holding structure, owns and operates extensive power facilities, including two nuclear power units, an extensive hydropower system, and has over 6,400 miles of trunk and local power lines.

There are more than 5.2 million clients in the company's service area: 42% are households, 58% are commercial, industrial and agricultural consumers.

PG&E Still Attractively Priced Compared to Two Other Major California Electricity Holding Companies.

The PG&E tariff base is expected to grow to 10% per annum, supported by the state's plan to electrify its fleet and phase out the sale of new gas-powered vehicles by 2035.

Not an investment recommendation.