Monday, February 12, 2018 1:18:02 PM
Beaten down utility PG&E Corporation (NYSE:PCG) has just signaled a major buy. Friday, the stock hit a 7 year low and reversed, forming a bullish bottoming tail on the daily chart. This is a strong buy signal on a utility that is fast recovering from the California wildfires. The stock has fallen in the last 8 months from over $70 and is ripe for investors looking for a recovery story that has major upside. I think it is very possible to see $55 on this in 2018.
Gareth Soloway
InTheMoneyStocks
Recent PCG News
FEATURED Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • Apr 16, 2024 8:52 AM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM
Branded Legacy, Inc. Reports Significant Net Income of Over $3.8 Million • BLEG • Apr 16, 2024 8:30 AM
Avant Technologies Begins Development on Next-Generation AI-Driven Resource Allocation Solution • AVAI • Apr 16, 2024 8:00 AM
UC Asset Expected to Report $0.03/share Net Profit for 2023 • UCASU • Apr 11, 2024 10:00 AM
Kona Gold Beverages & Apple Rush Co. Execute Joint Venture & Manufacturing Agreement • APRU • Apr 11, 2024 9:40 AM
