5 Value Stocks To Watch In The Utilities Sector
What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
PG&E Disputes Shasta County Criminal Charges Related to 2020 Zogg Fire
PG&E Corporation shared the following statement from CEO Patti Poppe today regarding criminal charges filed by the Shasta County District Attorney's office related to the September 2020 Zogg Fire.
"We are
PG&E Shares Earlier Dipped; Los Angeles Daily News Earlier Reported ‘PG&E charged with manslaughter in 2020 wildfire near Redding that killed 4’
https://www.dailynews.com/2021/09/24/pge-charged-with-manslaughter-in-2020-wildfire-near-redding-that-killed-4/?utm_campaign=socialflow&utm_medium=social&utm_source=twitter.com&utm_content=tw-ladailynews
Morgan Stanley Maintains Equal-Weight on PG&E, Lowers Price Target to $10.5
Morgan Stanley analyst Stephen Byrd maintains PG&E (NYSE:PCG) with a Equal-Weight and lowers the price target from $14 to $10.5.
4 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.