Back to top

Image: Bigstock

PG&E (PCG) Looks Good: Stock Adds 7.9% in Session

Read MoreHide Full Article

PG&E Corporation (PCG - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.56 to $11.72 in the past one-month time frame.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for PG&E. So, make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

PG&E currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

PG&E Corporation Price

A better-ranked stock in the Utility - Electric Power industry is Otter Tail Corporation (OTTR - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Pacific Gas & Electric Co. (PCG) - free report >>

Otter Tail Corporation (OTTR) - free report >>

Published in