10 Best Falling Stocks to Invest in Right Now

7. PG&E Corporation (NYSE:PCG)

52 Week Range: $15.94 – $21.72

Current Share Price: $16.44

Number of Hedge Fund Holders: 49

Stock Upside Potential: 36.86%

PG&E Corporation (NYSE:PCG) sells and delivers electricity and natural gas to customers in northern and central California. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. While the stock has taken a significant hit, the company continues to strengthen its infrastructure and services, aiming to provide sustainable and reliable energy solutions.

According to Pacific Gas and Electric Company’s (PG&E) R&D strategy report, artificial intelligence is essential to reaching clean energy targets and enhancing customer satisfaction. Opportunities for AI to enhance data analysis, increase capacity, lower emissions, stabilize bills, and improve customer service are described in the report.

Additionally, PG&E Corporation (NYSE:PCG) has secured a $15 billion loan guarantee from the US government that it plans to use to fund a portfolio of projects to meet growing power demand. Amid the artificial intelligence race, demand for power data centres is rising, presenting tremendous opportunities for the company. Tech giants are increasingly partnering with utility companies in a bid to secure clean energy supplies, a move that is prompting companies to kick-start nuclear energy generation. The initiatives can only support the company’s growth prospects, affirming why it is one of the best-falling stocks to invest in right now.